8039 33rd St Tulsa, OK 74145-1330
- Motels
- 38,433 SF
- 1.21 lot acres
Current Use by Public Records
- Comfort Suites Central/I-44 / Hotel
Property Details for 8039 33rd St
- Year built
- 2002
- Construction
- WOOD FRAME
- Lot size
- 1.21 lot acres
- Property size
- 38,433 SF
- Zone code
- IL
- Property type
- Motels
- APN
- 99323-93-23-08940
- APU
- 99323932308940
Description
This fee-simple owned, 63-key Comfort Suites hotel, a Choice Hotels brand, is offered for sale at $4,100,000 ($65,079 per key). Built in 2002, this three-story, interior-corridor hotel sits on a 1.21-acre lot at 8039 E 33rd St S, Tulsa, OK 74145. Its prime location offers easy access from US Highway 64 and Interstate 44, placing it within close proximity to major employers like Saint Francis Health System, QuikTrip, and the American Airlines maintenance base at Tulsa International Airport (5.2 miles). The hotel also benefits from its proximity to the University of Tulsa (6.0 miles) and numerous attractions, including the Philbrook Museum of Art, Woody Guthrie Center, Tulsa Air and Space Museum & Planetarium, and the Oklahoma Aquarium. The hotel features an indoor heated pool with a whirlpool hot tub, breakfast area, fitness center, meeting space, laundry facility, gift shop and convenience store, and business center. The Tulsa South/Broken Arrow hotel submarket showed a 2.2% 12-month average RevPAR increase as of May, indicating positive market growth. This property presents a compelling investment opportunity in a thriving market with strong demand generators. The hotel's location near major transportation arteries and significant employment centers ensures consistent occupancy and revenue potential. The existing amenities provide a comfortable and convenient experience for guests, contributing to the hotel's overall appeal and profitability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,590,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,795,000
- 6.5%
- $3,675,000
- 7%
- $3,745,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,990,000
- Geo Method
- $3,665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,355,000
- Retail
- $3,775,000
- Mixed-Use
- $2,950,000
- Hospitality
- $3,495,000
- Educational
- $2,995,000
- Residential Income
- $3,165,000
- Energy
- $3,210,000
- Income-Based Land
- $3,790,000
- Food Service
- $3,515,000
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.888
- Latitude
- 36.1148
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA
