5200 Classen Cir Oklahoma City, OK 73118
- Hotels
- 32,758 SF
- 0.96 lot acres
Current Use by Public Records
- Sleep Inn & Suites Oklahoma City Northwest / Hotel
Property Details for 5200 Classen Cir
- Year built
- 2006
- Construction
- WOOD FRAME
- Lot size
- 0.96 lot acres
- Property size
- 32,758 SF
- Property type
- Hotels
- APN
- 05-885-7350
- APU
- 58857350
Description
This exceptional investment opportunity presents a 55-key, four-story interior corridor hotel in Northwest Oklahoma City, Oklahoma. Currently operating as a Sleep Inn & Suites, this property, built in 2006, sits on a 0.96-acre lot (APN: 05-885-7350) and offers significant upside potential through conversion to either Garner by IHG or Spark by Hilton. The hotel boasts an indoor pool and is strategically located near major attractions, including the Oklahoma City Zoo and National Memorial Museum, as well as business hubs and healthcare facilities. With an occupancy rate currently below market average (35% compared to a 49% comp set), this property presents a compelling opportunity for an owner seeking high returns. Oklahoma City's robust growth (12.5% over the past 10 years) and its ranking as a top city for low cost of living further enhance the investment appeal. The asking price is $3,000,000. This property is ideally suited for conversion to a midscale or premium economy brand, offering a strong value proposition for investors. Detailed conversion requirements are available upon request. The property's address is 5200 Classen Cir, Oklahoma City, OK 73118. Offers are encouraged.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5317
- Latitude
- 35.5233
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
