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Residence Inn Oklahoma City South 1111 E I 240 Service Rd 90 Room Hotel Oklahoma City, OK 73149 For Sale
Investment Highlights
- Surrounded by established businesses, dining, and amenities that drive customer engagement.
- Direct frontage on I-240 Service Road with excellent visibility for branding and signage.
- Quick connections to I-35, I-40, and Will Rogers Airport for regional and national reach.
- Perfect for investors or operators looking to capitalize on Oklahoma City’s growing hospitality market
Executive Summary
Opportunity
Leasehold interest in the institutionally owned and third-party managed 90-room Residence Inn Oklahoma City South
Offered at a significant discount to replacement cost
Available unencumbered of debt and management
Ability to retain the Residence Inn flag for a new long-term franchise agreement, subject to completion of the change-of-ownership PIP and franchise approval
Opportunity to enhance performance and further penetrate the comp set through targeted operational and capital improvements
Location
Ideally located directly off Interstate 240, providing immediate access to I-35, I-44, and Will Rogers World Airport, which serves more than 4.6 million passengers annually and underwent an $87 million terminal expansion
Proximate to major corporate and government demand, including Tinker Air Force Base, Devon Energy Corporation, Boeing, and Expand Energy Corporation
Convenient to leading leisure and entertainment attractions, including the Paycom Center, Bricktown Entertainment District, and Oklahoma City Zoo, which welcomes over 1 million visitors annually
Positioned within minutes of INTEGRIS Health, OU Health, and other regional medical centers employing more than 20,000 healthcare professionals across the metro area
Centrally located near downtown Oklahoma City and major corporate parks, within a 1.4 million–resident MSA experiencing steady population growth and ongoing economic expansion
Market Summary
The $400 million OKANA Resort & Indoor Waterpark, developed by the Chickasaw Nation next to the First Americans Museum, opened in early 2025. The project features a 404-room hotel, 100,000 SF indoor waterpark, retail, and dining, strengthening Oklahoma City’s position as a premier regional leisure destination
The $1.1 billion MAPS 4 Civic Improvement Program, one of the largest public initiatives in city history, is driving major investment across Oklahoma City, including the expansion of the Oklahoma City Innovation District and development of a new $900 million downtown arena for the Oklahoma City Thunder
Leasehold interest in the institutionally owned and third-party managed 90-room Residence Inn Oklahoma City South
Offered at a significant discount to replacement cost
Available unencumbered of debt and management
Ability to retain the Residence Inn flag for a new long-term franchise agreement, subject to completion of the change-of-ownership PIP and franchise approval
Opportunity to enhance performance and further penetrate the comp set through targeted operational and capital improvements
Location
Ideally located directly off Interstate 240, providing immediate access to I-35, I-44, and Will Rogers World Airport, which serves more than 4.6 million passengers annually and underwent an $87 million terminal expansion
Proximate to major corporate and government demand, including Tinker Air Force Base, Devon Energy Corporation, Boeing, and Expand Energy Corporation
Convenient to leading leisure and entertainment attractions, including the Paycom Center, Bricktown Entertainment District, and Oklahoma City Zoo, which welcomes over 1 million visitors annually
Positioned within minutes of INTEGRIS Health, OU Health, and other regional medical centers employing more than 20,000 healthcare professionals across the metro area
Centrally located near downtown Oklahoma City and major corporate parks, within a 1.4 million–resident MSA experiencing steady population growth and ongoing economic expansion
Market Summary
The $400 million OKANA Resort & Indoor Waterpark, developed by the Chickasaw Nation next to the First Americans Museum, opened in early 2025. The project features a 404-room hotel, 100,000 SF indoor waterpark, retail, and dining, strengthening Oklahoma City’s position as a premier regional leisure destination
The $1.1 billion MAPS 4 Civic Improvement Program, one of the largest public initiatives in city history, is driving major investment across Oklahoma City, including the expansion of the Oklahoma City Innovation District and development of a new $900 million downtown arena for the Oklahoma City Thunder
Property Facts
| Sale Type | Investment | No. Rooms | 90 |
| Sale Condition | Business Value Included | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2000 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 2.26 AC | Corridor | Interior |
| Building Size | 65,558 SF | Opportunity Zone |
Yes
|
| Zoning | COM | ||
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.26 AC |
| Building Size | 65,558 SF |
| No. Rooms | 90 |
| No. Stories | 3 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 1.48/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | COM |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Tennis
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
About 1111 E I 240 SERVICE RD , OKLAHOMA CITY, OK 73149
Discover a prime hospitality opportunity at 1111 E I-240 Service Road in Oklahoma City. This well-positioned hotel property offers excellent visibility and convenient access to I-240, placing guests just minutes from Will Rogers World Airport and major city attractions. The building features a spacious layout designed for comfort and efficiency, with multiple guest rooms, welcoming common areas, and ample parking. Its strategic location near dining, retail, and entertainment hubs makes it ideal for travelers seeking convenience and accessibility. Perfect for investors or operators looking to capitalize on Oklahoma City’s growing hospitality market, this property combines strong regional connectivity with a high-traffic corridor presence.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 90 | $145.22 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 132165033 | Improvements Assessment | $1,361,166 CAD |
| Land Assessment | $195,615 CAD | Total Assessment | $1,556,782 CAD |
Property Taxes
Parcel Number
132165033
Land Assessment
$195,615 CAD
Improvements Assessment
$1,361,166 CAD
Total Assessment
$1,556,782 CAD
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Residence Inn Oklahoma City South | 1111 E I 240 Service Rd
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