7852 Parkway BlvdTulsa, OK 74127

This exceptional investment opportunity presents a 70-key Hampton Inn located at 7852 West Parkway Blvd N, Tulsa, OK 74127, within Tulsa County. The property, built in 2001 and extensively renovated in 2023 for $1.7 million, boasts 43,107 square feet on a 2.36-acre lot. The renovation encompassed a majority of the Forever Young PIP, addressing a prior plumbing issue that impacted 42 rooms for approximately six months. Insurance covered the repairs, and the hotel is now fully operational and poised for strong performance. Currently operating at 53.26% occupancy, the hotel shows significant upside potential for a new owner to capitalize on. Projected revenues for 2024/2025 are estimated between $1,600,000 and $1,700,000, reflecting a compelling return on investment. The asking price is $5,950,000, translating to $138.03 per square foot. This single-building hotel presents a rare chance to acquire a well-located, recently renovated asset in a thriving market. The property's strong foundation, coupled with its projected revenue growth, makes it an attractive addition to any portfolio. Serious inquiries are encouraged.