Offering Memorandum Holiday Inn Express & Suites

INVEST IN COASTAL LUXURY

HOLIDAY INN EXPRESS TULSA

TurnKey/Renovated HIE

Tulsa, OK

HOLIDAY INN EXPRESS TULSA

TurnKey/Renovated HIE

Tulsa, OK

New Listing

Holiday Inn

Express & Suites

8405 E 102nd St S

Bixby, OK 74133

BAYMONT INN & SUITES

ANDERSON, CA

Comfort suites - near the galleria

Houston, tx


Property Information

This 92-unit Holiday Inn Express & Suites in Tulsa South, Bixby, represents a compelling investment opportunity, with the added benefit of having recently completed the brand’s Formula Blue PIP as of July 2024. This ensures that the property is in full compliance with IHG standards, freeing potential buyers from any immediate capital expenditure on renovations. Strategically located off the Creek Turnpike and Memorial Drive, the hotel provides excellent accessibility to a range of highways, including I-44, Route 66, and US Highway 75, offering easy connections to Oklahoma City, Dallas, and other major cities.

The property is designed to cater to both business and leisure travelers, with modern amenities that include a 24-hour fitness center, an indoor heated pool, and a complimentary hot breakfast. Business guests will appreciate the private boardroom and flexible meeting space that can accommodate up to 100 people, making it an ideal venue for corporate events or gatherings. The hotel’s location in the thriving South Tulsa area, near key attractions, entertainment and restaurants further enhances its appeal.

Proximity to numerous demand generators such as the SpiritBank Event Center, Tulsa International Airport, and major medical facilities like the St. Francis Heart Hospital makes this property well-positioned to capture diverse segments of room nights. Whether catering to business travelers, tourists, or event-goers, this Holiday Inn Express & Suites is primed to deliver strong, consistent performance in a growing market.

Video link to tour of Garibaldi Area 

Renovated to Formula Blue: July 2024

Transfer PIP: Unlikely

Price: $7,600,000

Price/Key: $82,600

Number of Units: 92 / 6 ADA rooms

Stories / Corridor: 4 / Interior

Elevator:  Yes

Acreage: 2.26

Scale: Upper Mid Scale

Strategic Location Amenities:

Strategically located near local entertainment, Nationally branded restaurants and retailers and attractions such as

  • Within a 1 Mile radius of the hotel: Costco, Target, Walmart, HomeGoods, Best Buy and Lowe’s with dining options consisting of Chick-fil-A, Chipotle, McDonalds, Mahogany Prime Steakhouse and The Ridge Grill
  • Within a 2 mile radius of the hotel: Woodland Hills Mall (National tenants such as Macy’s, Dillards, Michael Kors, LOFT and Sephora) with dining options consisting of Fleming's Prime Steakhouse & Wine Bar and Charleston’s


Photos Click Here

Property Information

This 92-unit Holiday Inn Express & Suites in Tulsa South, Bixby, represents a compelling investment opportunity, with the added benefit of having recently completed the brand’s Formula Blue PIP as of July 2024. This ensures that the property is in full compliance with IHG standards, freeing potential buyers from any immediate capital expenditure on renovations. Strategically located off the Creek Turnpike and Memorial Drive, the hotel provides excellent accessibility to a range of highways, including I-44, Route 66, and US Highway 75, offering easy connections to Oklahoma City, Dallas, and other major cities.

The property is designed to cater to both business and leisure travelers, with modern amenities that include a 24-hour fitness center, an indoor heated pool, and a complimentary hot breakfast. Business guests will appreciate the private boardroom and flexible meeting space that can accommodate up to 100 people, making it an ideal venue for corporate events or gatherings. The hotel’s location in the thriving South Tulsa area, near key attractions, entertainment and restaurants further enhances its appeal.

Proximity to numerous demand generators such as the SpiritBank Event Center, Tulsa International Airport, and major medical facilities like the St. Francis Heart Hospital makes this property well-positioned to capture diverse segments of room nights. Whether catering to business travelers, tourists, or event-goers, this Holiday Inn Express & Suites is primed to deliver strong, consistent performance in a growing market.

Renovated to Formula Blue: July 2024

Transfer PIP: Unlikely

Price: $7,600,000

Price/Key: $82,600

Number of Units: 92 / 6 ADA rooms

Stories / Corridor: 4 / Interior

Elevator:  Yes

Acreage: 2.26

Scale: Upper Mid Scale

Strategic Location Amenities:

Strategically located near local entertainment, Nationally branded restaurants and retailers and attractions such as

  • Within a 1 Mile radius of the hotel: Costco, Target, Walmart, HomeGoods, Best Buy and Lowe’s with dining options consisting of Chick-fil-A, Chipotle, McDonalds, Mahogany Prime Steakhouse and The Ridge Grill
  • Within a 2 mile radius of the hotel: Woodland Hills Mall (National tenants such as Macy’s, Dillards, Michael Kors, LOFT and Sephora) with dining options consisting of Fleming's Prime Steakhouse & Wine Bar and Charleston’s


Photos Click Here

LISTING UPDATE

The offering


Investment Highlights:

  • Extensive Formula Blue renovation completed in July 2024
  • Transfer PIP unlikely
  • Strong relicensing
  • Revenue ramping up from renovation disruption
  • No deferred maintenance

Amenities: Interior

  • Indoor pool and spa
  • Board room with seating for 100
  • Fitness room


Investment Highlights:

  • Extensive Formula Blue renovation completed in July 2024
  • Transfer PIP unlikely
  • Strong relicensing
  • Revenue ramping up from renovation disruption
  • No deferred maintenance


Amenities:

  • Indoor pool and spa
  • Board room with seating for 100
  • Fitness room



BROKER OF RECORD:

Patrick D. Arie | KW Commercial
Broker
Keller William Preferred

4745 E 91st Street

Tulsa, OK 74137

License #OK157053

SELLER AGENT:
Dan Hayward 

KW Commercial 

548 Gibson Drive, #200 Roseville, CA 95678 

CalBRE #01349057

Disclaimer:

Please avoid direct contact with the hotel's staff, management, or vendors regarding additional information or scheduling site visits related to this investment opportunity associated with the Hotel Investments Team.


To obtain comprehensive details about this investment prospect, complete the confidentiality agreement or get in touch with an assigned representative from the Hotel Investments Team. Please be aware that access to specific hotel information is subject to discretionary approval by both the Seller and the Hotel Investments Team. Executing the confidentiality agreement does not establish any specific commitment to provide such information.


While the information provided originates from what is believed to be credible sources, we have not conducted independent verification, thereby being unable to provide any guarantees, warranties, or representations. Any forecasts, opinions, assumptions, or estimations are purely for illustrative purposes and may not accurately depict the current or future performance of the hotel. It is strongly recommended that you and your advisors perform a thorough and independent evaluation of the hotel's suitability for your investment objectives.

Investment Sales Contacts

Dan Hayward

danhayward@kw.com

BROKER OF RECORD:

Patrick D. Arie | KW Commercial
Broker
Keller William Preferred

4745 E 91st Street

Tulsa, OK 74137

License #OK157053

SELLER AGENT:
Dan Hayward 

KW Commercial 

548 Gibson Drive, #200 Roseville, CA 95678 

CalBRE #01349057


Disclaimer:

Please avoid direct contact with the hotel's staff, management, or vendors regarding additional information or scheduling site visits related to this investment opportunity associated with the Hotel Investments Team.


To obtain comprehensive details about this investment prospect, complete the confidentiality agreement or get in touch with an assigned representative from the Hotel Investments Team. Please be aware that access to specific hotel information is subject to discretionary approval by both the Seller and the Hotel Investments Team. Executing the confidentiality agreement does not establish any specific commitment to provide such information.


While the information provided originates from what is believed to be credible sources, we have not conducted independent verification, thereby being unable to provide any guarantees, warranties, or representations. Any forecasts, opinions, assumptions, or estimations are purely for illustrative purposes and may not accurately depict the current or future performance of the hotel. It is strongly recommended that you and your advisors perform a thorough and independent evaluation of the hotel's suitability for your investment objectives.

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