- Upper-Midscale, IHG Brand Affiliation: A 92-Room Holiday Inn Express & Suites with Approximately 1,352 Square Feet of Flexible Meeting Space Supporting Corporate and Social Events.
- Recently Completed Formula Blue 2.0 Renovation: Significant Property Improvements Completed During 2024 and 2025.
- Meta Project Anthem Exposure: Benefits from one of Oklahoma's largest economic development projects, with the Meta Project Anthem data center located just 7 miles from the Property, driving sustained corporate and construction-related lodging demand.
- Major Healthcare Demand Generator: Situated only 2.7 miles from St. Francis Heart Hospital and near the region's leading healthcare facilities, positioning the Property to benefit from healthcare-related lodging demand.
- Strong Sports Tourism Demand: Located Near Haikey Creek Sports Complex and All Star Sports Complex, Generating Consistent Tournament and Team Travel.
- Premier Entertainment and Casino Market: Near River Spirit Casino Resort, Hard Rock Casino Tulsa, and the New Regent Bank Amphitheater.
- Regional Convention and Event Demand: Close to Expo Square and the BOK Center, Supporting Meetings, Trade Shows, Concerts, and Large Public Events.
- Family-Oriented Leisure Attractions: Convenient Access to the Oklahoma Aquarium and Numerous Regional Entertainment Destinations.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Holiday Inn Express & Suites Tulsa South Bixby ("Hotel" or "Property") located at 8405 E 102nd Street South in Tulsa, Oklahoma. The upper-midscale IHG-branded Hotel is offered at $7,100,000 or $77,174 per key.
Situated on approximately 2.26 acres, the Property features 92 guest rooms across four stories within an approximately 55,394-square-foot building. The Hotel offers an extensive amenity package including a fitness center, indoor swimming pool, business center, guest laundry facilities, and approximately 1,352 square feet of meeting space. Originally constructed in 2011, the Hotel has recently completed the Formula Blue 2.0 Property Improvement Plan (PIP) during 2024, positioning the asset to remain highly competitive within the Tulsa hospitality market. Additional capital improvements are planned in 2026, including the repaving of the parking lot.
The Hotel benefits from healthcare demand generated by nearby St. Francis Heart Hospital, one of Oklahoma's leading specialty healthcare providers, as well as the broader Saint Francis healthcare system. Educational demand is supported by The University of Tulsa and Oral Roberts University, while sports-related demand is generated by Haikey Creek Sports Complex and All Star Sports Complex, both of which host youth athletic tournaments, regional competitions, and community sporting events that drive substantial room-night demand.
Guests enjoy convenient access to the Oklahoma Aquarium, River Spirit Casino Resort, Hard Rock Casino Tulsa, and the recently opened Regent Bank Amphitheater, which hosts concerts, festivals, and major entertainment events throughout the year. Located less than 10 miles away, Meta’s 340-acre Project Anthem is one of the most significant economic development projects in Oklahoma, supporting construction-related stays, vendor visits, consultants, contractors, and long-term corporate lodging demand. The development’s location in Fair Oaks Innovation Park off Creek Turnpike further provides convenient access to major retail, dining, and commercial destinations that attract year-round visitation. Additional visitor traffic is generated by Expo Square, which hosts conventions, trade shows, exhibitions, agricultural events, and the annual Tulsa State Fair, as well as the BOK Center, one of the region's premier venues for concerts, sporting events, and large-scale entertainment programming.
Surrounded by major transportation corridors and home to 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. With its recently completed Formula Blue renovations and access to numerous demand generators, the Holiday Inn Express & Suites Tulsa South Bixby offers investors the opportunity to acquire a well-positioned hospitality asset supported by durable long-term market fundamentals.
BROKER OF RECORD
Tim Speck
Oklahoma
Lic #: 149994
P: (972) 755-5250