Holiday Inn Express & Suites Tulsa South Bixby — Sale in Tulsa, OK
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Tulsa, OK 74133
- Year built: 2011
Photos
Investment Figures
- Cap rate
- 5.89%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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
Market Context
This hospitality in Tulsa, OK is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2011. Compare it against other hospitality listings for sale in Tulsa, OK — view the full market.
Contact
- Allan Miller · (512) 338-7831 · allan.miller@marcusmillichap.com
- Chris Gomes · (972) 755-5302 · chris.gomes@marcusmillichap.com
- Tim Speck · (918) 294-6300
- Peter Fehlman · (469) 364-6540 · pete.fehlman@marcusmillichap.com
Explore this market
Similar Hospitality Business for Sale in Tulsa, OK
- Extended Stay America - Tulsa - Midtown — Contact for price · Tulsa, OK