INVESTMENT HIGHLIGHTS
- Strategic Southeast Tulsa Location: Positioned Along U.S. Highway 169 Within One of Tulsa's Primary Commercial and Retail Corridors.
- Wyndham Brand Affiliation: Operates Under the Recognized Baymont by Wyndham Flag with Broad Consumer Recognition and Reservation Platform Support.
- Major Healthcare Demand Base: Near Saint Francis Hospital, Saint Francis Hospital South, and Ascension St. John Healthcare Facilities.
- Strong Higher Education Demand: Benefits from Proximity to Tulsa Community College, Tulsa Tech, Oral Roberts University, and The University of Tulsa.
- Casino and Entertainment Exposure: Near River Spirit Casino Resort, Paradise Beach Waterpark, and Other Regional Attractions that Support Consistent Lodging Demand.
- Convention and Event Demand Generator: Close to the Tulsa Expo Center, One of Oklahoma's Largest Venues for Conventions, Trade Shows, and Public Events.
- Upcoming Data Center Campus: Google and Beale Infrastructure are developing a 506-acre data center campus in Tulsa County, creating a long-term source of lodging demand from contractors, technology professionals, and corporate visitors.
FINANCIAL HIGHLIGHTS
- Room Revenue Upside Potential: With a RevPAR Index of 68 percent, the hotel presents untapped potential. Leveraging strategic revenue management and targeted marketing initiatives could increase room revenue to $800k – $1.0 million, unlocking significant upside and delivering stronger returns for investors.
- Fee Simple Acquisition: The hotel 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 Baymont by Wyndham Tulsa ("Hotel" or "Property") located at 9020 E 71st Street in Tulsa, Oklahoma. The limited-service Wyndham-branded Hotel is offered at $3,000,000 or $46,875 per key.
Situated on approximately 1.40 acres, the Property features 64 guest rooms and offers a practical amenity package designed to accommodate both business and leisure travelers. Originally constructed in 1996, the Hotel includes a heated indoor swimming pool, fitness center, business center, 106 parking spaces, and RV parking. Its location along U.S. Highway 169, one of Tulsa's primary commercial corridors, positions the Hotel to serve a broad cross-section of transient, corporate, healthcare, and event-driven demand.
The Hotel benefits from a highly diversified lodging demand base anchored by healthcare, education, retail, entertainment, and convention activity. Healthcare-related visitation is generated by Saint Francis Hospital, one of Oklahoma's largest healthcare systems, as well as Saint Francis Hospital South and Ascension St. John, which collectively draw patients, visiting families, healthcare professionals, and medical vendors from across the region. Educational demand is supported by Tulsa Community College Southeast Campus, Tulsa Tech, Oral Roberts University, and The University of Tulsa, generating year-round visitation from students, faculty, athletic programs, recruiters, conferences, and academic events. Additional demand is generated by Southeast Tulsa's extensive entertainment, retail, and event infrastructure. Located near the Woodland Hills Mall, one of Oklahoma's premier retail destinations, and Woodland Plaza, the Hotel benefits from significant consumer and shopping-related visitation. Leisure demand is further strengthened by nearby attractions including River Spirit Casino Resort, Paradise Beach Waterpark, and the Mike Fretz Event Center, which host concerts, tournaments, community events, and regional gatherings throughout the year. Moreover, the Property benefits from proximity to the Tulsa Expo Center, one of the state's largest event facilities and home to trade shows, sporting events, exhibitions, conventions, and the annual Tulsa State Fair. Together, these destinations generate substantial group, leisure, and special event lodging demand throughout the year.
Located near major transportation corridors and approximately 11 miles from Tulsa International Airport, the city serves as a regional hub for energy, finance, aerospace, healthcare, manufacturing, and logistics industries. Tulsa’s lodging market also stands to benefit from the recently announced Project Clydesdale, a new 506-acre Google data center campus under development in Tulsa County through a partnership with Beale Infrastructure. Located near the Cherokee Industrial Park area west of Owasso, the project represents a major long-term investment in the region’s technology and digital infrastructure ecosystem, bringing significant construction activity, high-quality employment opportunities, infrastructure improvements, and ongoing corporate presence to the market. As one of the largest economic development projects in the region, Project Clydesdale is expected to generate additional lodging demand from contractors, consultants, corporate visitors, technology professionals, and training personnel. Additionally, Downtown Tulsa has experienced significant investment in recent years, resulting in increased visitation, residential growth, and enhanced demand for hotel accommodations throughout the urban core. With its recognized Baymont by Wyndham brand affiliation, strategic location within Tulsa's primary retail and healthcare corridor, and access to numerous demand generators, the Baymont by Wyndham Tulsa offers investors the opportunity to acquire a well-positioned hospitality asset supported by multiple year-round sources of lodging demand.
BROKER OF RECORD
Tim Speck
Oklahoma
Lic #: 149994
P: (972) 755-5250