Listing Summary
This hotel conversion opportunity is currently branded as a Sleep Inn & Suites. It is a 55-room, 4-story interior corridor hotel located in Northwest Oklahoma City, Oklahoma.
Full Description
High-Upside Hotel Conversion Opportunity in Northwest Oklahoma City
Acquire this 55-room, 4-story interior corridor hotel in Northwest Oklahoma City, perfectly positioned for an immediate conversion and repositioning strategy.
Investment Highlights:
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Conversion Ready: The 2006-built property offers an excellent physical canvas for transitioning to a high-demand, modern conversion brand.
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Underperforming Asset: Currently branded as a Sleep Inn & Suites, the hotel's 35% occupancy highlights significant operational and brand upside for a new owner.
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Premium Rebrand Options: Ideal for conversion to a new, high-growth midscale or premium economy brand, such as:
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Garner by IHG: IHG's new midscale brand, launched in 2023, focusing on quality, character, and delivering strong owner returns.
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Spark by Hilton: Hilton’s new premium economy flag, leveraging an innovative conversion model for substantial revenue upside.
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Prime Location: The hotel offers easy access to major business hubs, hospitals, and key attractions, including the Oklahoma City Zoo, the National Memorial Museum, and the Chesapeake Energy Arena.
Serious offers are highly encouraged for this strategically located hotel poised for maximum value creation through rebranding.
Quick Glance
- Listing ID:
CL-Oklahoma-27184
- Status:
Active
- Year Build:
2006
- Building Size:
N/A
- Lot Size:
41,818.00 Acre