PRICE REDUCED - Hotel Adaptive Reuse Opportunity
Former Oklahoma Natural Gas Co. Headquarters Building
Tulsa, Oklahoma
List Price
$6,000,000
The Offering
Investment Highlights
State and Federal Historic Tax Credits (HTC) up to 40%, Developer Assistance and Tax Incremental Financing (TIF) up to 10% by the City of Tulsa
Located in Qualified Opportunity Zone in Tulsa Central Business District (CBD) | Walk Score: 89 - "Very Walkable"
Approved for both Marriott-Tribute Portfolio and Hilton-Tapestry Collection up to 136 keys
$141 RevPar Market (validated by STR comps) in an emerging MSA, now over 1M+ in population
Downtown Tulsa has pent up demand for hotels to support the 150+ Convention/Conference requests annually
Property is delivered Fee Simple with No Entitlements needed
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