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Bradford House 1235 NW 38th St 36 Room Hotel Oklahoma City, OK 73118 $6,230,520 CAD ($173,070 CAD/Room) 14.18% Cap Rate


Investment Highlights
- Home to a popular on-site restaurant and patisserie that draws a loyal local following.
Executive Summary
Recently price reduced by $1M, Bradford House is a 36-key boutique hotel in one of Oklahoma City's fastest-growing neighborhoods, just minutes from downtown. The property operates under Marriott's Design Hotels collection and has earned regional and national recognition for its design and guest experience.
The asset is the product of a comprehensive renovation — a restored historic home with an additional building, outdoor courtyard, and an adjacent income-producing duplex. The hotel has historically been burdened by operational inefficiencies that have suppressed the bottom line. Recent ownership-driven changes have already shown meaningful NOI improvement, and at a 70 RevPAR index against its competitive set, the upside for an experienced operator is significant.
This is a rare chance to acquire one of OKC's most recognizable hospitality assets at a price that reflects current operations — not its ceiling.
Please do not contact the hotel directly. All inquiries must be made through Ted Holmes.
The asset is the product of a comprehensive renovation — a restored historic home with an additional building, outdoor courtyard, and an adjacent income-producing duplex. The hotel has historically been burdened by operational inefficiencies that have suppressed the bottom line. Recent ownership-driven changes have already shown meaningful NOI improvement, and at a 70 RevPAR index against its competitive set, the upside for an experienced operator is significant.
This is a rare chance to acquire one of OKC's most recognizable hospitality assets at a price that reflects current operations — not its ceiling.
Please do not contact the hotel directly. All inquiries must be made through Ted Holmes.
Property Facts
| Price | $6,230,520 CAD | Lot Size | 0.72 AC |
| Price Per Room | $173,070 CAD | Building Size | 23,694 SF |
| Sale Type | Investment | No. Rooms | 36 |
| Cap Rate | 14.18% | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1912/2020 |
| Property Subtype | Hotel | Parking Ratio | 0.81/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | SPUD - Simplified Planned Urban Development | ||
| Price | $6,230,520 CAD |
| Price Per Room | $173,070 CAD |
| Sale Type | Investment |
| Cap Rate | 14.18% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.72 AC |
| Building Size | 23,694 SF |
| No. Rooms | 36 |
| No. Stories | 3 |
| Year Built/Renovated | 1912/2020 |
| Parking Ratio | 0.81/1,000 SF |
| Corridor | Interior |
| Zoning | SPUD - Simplified Planned Urban Development |
Amenities
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 36 | $322.60 CAD | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 054853492 | Improvements Assessment | $501,604 CAD |
| Land Assessment | $12,419 CAD | Total Assessment | $514,023 CAD |
Property Taxes
Parcel Number
054853492
Land Assessment
$12,419 CAD
Improvements Assessment
$501,604 CAD
Total Assessment
$514,023 CAD
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Bradford House | 1235 NW 38th St
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