Studio 6 Tulsa, OK - Central
90 Room Hotel | Tulsa, OK 74129 | $5,250,000 ($58,333/Room)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $5,250,000
- Property Type
-
Hospitality
- Square Feet
- 57,807 SF
Listing Contacts
Bruce Holmes
Verified Profile
- Property Info
Property Overview
Top Studio 6 conversion in America!! Located on I-44/Route 66, this two-story Studio 6 in Tulsa is a great investment for a hands-on owner/operator and has been recently price reduced.
This hotel was exceptionally renovated in 2023 and contains 90 rentable rooms/117 rooms in total (74 rooms are fully renovated with 16 additional rooms to be fully renovated by October 15th. Plus, there are 27 additional rooms that can be renovated; see OM for more details). Seller has already been told they will be receiving the Top Conversion Studio 6 Award for the brand next year. At the time of opening, the property was the only Studio 6 in Tulsa.
The hotel is near Tulsa’s new $2B American Heartland Theme Park and Resort that is expected to open in 2026, after a first-phase RV park with cabins in spring 2025. Also scheduled to open in 2024 or early 2025, is the $70M Oklahoma Psychiatric Care Center in downtown Tulsa.
Other large demand generators/employers in the area include St. Francis Glenpool health complex, Cancer Treatment Centers of America, Oral Roberts University, Oklahoma State University Tulsa Campus, Sherwin Museum of Jewish Art, the Gilcrease Museum of Native American & Western Art, Philbrook Museum of Art, Riverside Airport, Tulsa Air & Space Museum, Tulsa Zoo, the state parks Keystone Lake and Osage Hills, and the Southern Hills Country Club (host to numerous PGA tournament events). The BOK center is also nearby and hosts numerous shows, concerts, and sporting events that bring thousands of visitors to the metro area.
This hotel was exceptionally renovated in 2023 and contains 90 rentable rooms/117 rooms in total (74 rooms are fully renovated with 16 additional rooms to be fully renovated by October 15th. Plus, there are 27 additional rooms that can be renovated; see OM for more details). Seller has already been told they will be receiving the Top Conversion Studio 6 Award for the brand next year. At the time of opening, the property was the only Studio 6 in Tulsa.
The hotel is near Tulsa’s new $2B American Heartland Theme Park and Resort that is expected to open in 2026, after a first-phase RV park with cabins in spring 2025. Also scheduled to open in 2024 or early 2025, is the $70M Oklahoma Psychiatric Care Center in downtown Tulsa.
Other large demand generators/employers in the area include St. Francis Glenpool health complex, Cancer Treatment Centers of America, Oral Roberts University, Oklahoma State University Tulsa Campus, Sherwin Museum of Jewish Art, the Gilcrease Museum of Native American & Western Art, Philbrook Museum of Art, Riverside Airport, Tulsa Air & Space Museum, Tulsa Zoo, the state parks Keystone Lake and Osage Hills, and the Southern Hills Country Club (host to numerous PGA tournament events). The BOK center is also nearby and hosts numerous shows, concerts, and sporting events that bring thousands of visitors to the metro area.
Property Details
- Class
- C
- Year Built
- 1987
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 123,710 SF
- Units
- 90
Highlights
- Top Studio 6 conversion in America!!
- Located on I-44/Historic Route 66
- Completed renovated interior and exterior
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