INVESTMENT HIGHLIGHTS
- Dual-Brand Economy Portfolio: Combined 164-room offering featuring Red Roof Inn and Super 8 by Wyndham brand affiliations.
- Strategic Interstate Location: Positioned along Interstate 40 near Will Rogers International Airport and downtown Oklahoma City.
- Strong Airport and Transient Demand: Located within one of Oklahoma City’s primary lodging corridors serving airport and highway travelers.
- Diverse Entertainment Drivers: Near Hurricane Harbor, Bricktown, OKC Fair Park, Bennett Event Center, and Oklahoma City Convention Center.
- Healthcare and Academic Demand: Close to INTEGRIS Health Southwest Medical Center, OU Medical Center, and Oklahoma State University – Oklahoma City.
- Military and Government Demand: Proximity to Tinker Air Force Base supports military and contractor lodging demand.
- Recent Renovation at Red Roof Inn: Red Roof Inn completed renovations in 2015, enhancing competitive positioning.
- Strong Leisure and Family Tourism: Near Oklahoma City Zoo, Myriad Botanical Gardens, Celebration Station, and regional shopping destinations.
FINANCIAL HIGHLIGHTS
- Elevated RevPAR Penetration: The hotel boasts a strong RevPAR penetration index of 135 percent for the twelve months ending in December 2025, signaling robust competitive performance and attractive long-term value for potential buyers.
- Fee Simple Acquisition: The hotels provides full ownership and operational control, enabling independent financing and management. This structure typically supports long-term property appreciation, making it a compelling investment opportunity.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Red Roof Inn Oklahoma Airport – I-40 W/Fairgrounds located at 309 South Meridian Avenue and the Super 8 by Wyndham Oklahoma Airport Fairgrounds West (collectively, the "Hotels" or "Properties") located at 311 South Meridian Avenue in Oklahoma City, Oklahoma. The Properties are being offered as a single portfolio and must be purchased together as part of one transaction. Please reach out to the listing agent for more information.
The portfolio consists of the 91-room Red Roof Inn situated on approximately 2.24 acres totaling 44,244 square feet, and the 73-room Super 8 by Wyndham situated on approximately 2.91 acres totaling 73,786 square feet, for a combined total of 164 guest rooms. Both two-story assets were originally constructed in 1978, with the Red Roof Inn completing renovations in 2015. The Red Roof Inn includes a business center, paid RediClean laundry facility, vending machines, and pet-friendly accommodations, while guestrooms feature flat-screen TVs, microwaves, mini-refrigerators, and suites with sofa beds. The Super 8 offers a business center, on-site parking, guest laundry, and pet-friendly accommodations. Additionally, the Properties feature a combined 202 parking spaces, supporting airport, transient, and group-related demand.
Strategically positioned just off Interstate 40 near Will Rogers International Airport, the Properties benefit from a wide variety of nearby demand generators. Major attractions include Hurricane Harbor Oklahoma City, OKC Fair Park, Bennett Event Center, Myriad Botanical Gardens, Oklahoma City National Memorial & Museum, and the Oklahoma City Convention Center, which collectively support strong tourism and event-driven occupancy. The Properties also benefit from proximity to Oklahoma State University – Oklahoma City, nearby universities, and major healthcare institutions including INTEGRIS Health Southwest Medical Center and OU Medical Center, supporting steady academic and healthcare-related lodging demand. Additional drivers include Bricktown Entertainment District, Regatta Park Landing, Celebration Station, Oklahoma City Zoo, Tinker Air Force Base, and regional retail destinations such as OKC Outlets and Penn Square Mall, contributing to year-round leisure and transient demand.
Oklahoma City is one of the fastest-growing metropolitan areas in the central United States, supported by a diversified economy anchored by energy, aerospace, healthcare, logistics, government, and education sectors. The city continues to benefit from major infrastructure improvements, tourism growth, and population expansion, while its central location and strong highway connectivity support robust transient travel demand. The Meridian Avenue/I-40 corridor remains one of Oklahoma City’s primary hospitality submarkets due to its proximity to the airport, fairgrounds, downtown, and entertainment districts. With diversified demand generators, strong regional accessibility, and recognized national brand affiliations, the Properties offer a compelling opportunity for investors seeking scale and operational upside within a stable market.
BROKER OF RECORD
Tim Speck
Oklahoma
Lic #: 149994
P: (972) 755-5250
