4016 Price RdBartlesville, OK 74006

For Sale
$6,800,000
Profitable Hotel, Prime Location, High ROI

Overview

Added:
Jan 24
Days on market:
82
This exceptional 90-key Holiday Inn Express & Suites in Bartlesville, Oklahoma, presents a lucrative investment opportunity. The four-story, 51,653-square-foot hotel, situated on a 2.26-acre lot (APN: 01050100000600000001), boasts a prime location directly off Highway 75, offering convenient access and high visibility. Built in 2008 and extensively renovated in 2022, including a complete Formula Blue 2.0 PIP in 2023, this property is in excellent condition. The hotel features an array of amenities including a complimentary breakfast, indoor pool, fitness center, and business center. Its strategic location provides proximity to key attractions such as the Osage Casino, Oklahoma Wesleyan University, Historic Price Tower, Phillips Petroleum Museum (Phillips 66), and Woolaroc Ranch, further enhancing its appeal to a wide range of guests. The property is also within 30 miles of Tulsa International Airport, attracting both business and leisure travelers. This hotel is priced at 3.7x RRM and presents significant upside potential for an owner-operator. No new hotels are currently under development in the immediate area, ensuring continued market dominance. The asking price for this exceptional property is $6,800,000.

Highlights

  • $6,800,000 asking price.
  • 90-key Holiday Inn Express & Suites hotel.
  • 51,653 square feet on a 2.26-acre lot.
  • Four-story building constructed in 2008, renovated in 2022 (Formula Blue 2.0 PIP completed 2023).
  • Located in Bartlesville, OK, off Highway 75, 30 miles from Tulsa International Airport.

Property Details for 4016 Price Rd

Property type
Hospitality properties, Hotels
Square Feet
51,653 SF
Year Built/Renovated
2008/2022
Buildings
1
Stories
4
Lot Size (sq. ft)
98,446 SF

Location Insight

City
Bartlesville
County
Washington
State
Oklahoma
Latitude
36.713558300696
Longitude
-95.932318015665
4016 Price Rd, Bartlesville, Oklahoma

FAQs

What type of property is this?
Hospitality property - Profitable Hotel, Prime Location, High ROI
Where is the hospitality property located?
The property is located at 4016 Price Rd Bartlesville, OK.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: $6,800,000 asking price.; 90-key Holiday Inn Express & Suites hotel.; 51,653 square feet on a 2.26-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4016 Price Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message