Property Overview
Deal Highlights
• LENDER MANDATED SALE / POTENTIAL SHORT SALE
• Extended Stay with Kitchenettes
• Rebranding | Adaptive Re-Use Opportunity
• Mix of 1 and 2 Room Suites
• Interstate Location near MAJOR Demand Generators
The Studio Inn OKC Airport is a 78-unit, 2-story, exterior corridor hotel with excellent Interstate visibility on I-40 and close proximity to Will Rogers World Airport. The hotel recently underwent an exterior renovation including new roofing, siding, paint and signage in late 2024. The interior extended stay conversion was completed in approximately 2020 to Studio 6 standards, however the hotel has operated without a brand since mid-2024.
The hotel contains 78 modern guest suites, of which 75 are rentable and 3 are used for storage. The rooms have kitchenettes, free Wi-Fi and flat screen TVs. The hotel also includes two large living quarters, not included in room count. The hotel amenities include truck parking, guest coin laundry, vending machines and free morning coffee.
Out of state, absentee owner, third party management. The potential for a highly motivated, experienced owner operator is excellent. Call broker for additional pricing guidance. SEE BELOW FOR CALL FOR OFFER TERMS.
Final Offer Date: Thursday, March 27, 2025, by 4:00 PM CDT
All offers should be submitted in writing, in the form of a Letter of Intent (LOI). A standard form LOI can be provided upon request.
Buyers should provide a history of hotel ownership and management experience and evidence of financial capability to purchase the property with their offer. Please also indicate if the buyer has toured the hotel.
Offers will be evaluated on final pricing, transaction timing, deposit terms, closing history, and financial capability of the individual offeror.
Offers will be evaluated, accepted or declined at the sole discretion of the Seller and are subject to current first mortgage holder approval. The Seller specifically retains the right to cancel this call for offers at any time, with or without notice.
Please do not contact the property directly. For information and tours, contact Peter Holmes at peterh@hotelbrokerone.com or 405.810.1414.
Property Highlights
| Asking Price | Call for Offers |
| Location | I-40 |
| Property Description | Other |
| Number of Rooms | 78 |
| Major Source of Business | Airport, State Fairgrounds, Downtown Convention Center, Chesapeake Arena, Casinos |
| Site Size | +/- 1.29 |
| Year Built |
1985 |
| Last Year Renovated |
2023 |
| Common Area Amenities | Guest coin laundry & free WiFi |