Travelodge by Wyndham Tulsa, OK

No warranties or representations, expressed or implied is made as to the

accuracy of the information contained herein and this information if offered

subject to errors, omissions and changes without notice. Purchasers should

conduct their own investigations and confirmation of information presented

herein. Sooner Realty Properties, LLC is the Agent of the Seller.

Seller’s Broker:

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

Sooner Realty Properties, LLC (Seller’ Broker) is retained to offer the fee‐simple interest in

the 65‐Unit Travelodge, an economy hotel between I-44 (Route 66) and Hwy 169.

Travelodge is a two‐story exterior corridor property is situated on 2.16 acres. Seller has

completed all the required PIP for Travelodge, buyer will have a small transfer PIP or no

PIP, 34-units single King beds, 27-units-Standard Single King beds, 4 Whirlpool suites & 1-

King Bed Handicap unit, 29-Dobule Bed units including 1-Double bed Handicap unit, 2

Jacuzzi Suites, total 65 units, 63 rentable units, 2 units are being used as storage, also

includes (3 apartments) - 2 bedrooms, 1 bath, living room and kitchen area for an onsite

housekeepers, 1 bedroom, full bath, living room and kitchen for onsite manager & 3

bedrooms, kitchen, 2 full baths, living room for owner’s apartment.

Close to airport, Tulsa Zoo, Golden Driller Stadium, Restaurants, Shopping, Tulsa Stockyard,

Melton Trucking for Commercial Truck Training Center. Construction companies and

truckers are consistent users of the hotel in this area. The hotel offers spacious well‐

appointed guestrooms with flat screen TVs, microwave and Fridge.

Front View -Travelodge Tulsa, OK

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

Close Up-Back Side View

Close-up Front Side View with Outdoor Swimming Pool with Fence

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

Front View with Swimming pool on the Right

Breakfast Counter Area

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

Lobby, Breakfast Area & Front Desk

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

Bathroom Vanity

Apartment View

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

King Bed with Jacuzzi & outside Vanity

Single King bed with Close-Up Jacuzzi Unit

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

Single King Bed Unit

Double Bed Unit with Flat Screen TV

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

C L O S E - U P A E R I A L V I E W S H O W I N G H I G H W A Y E N T R A N C E

A N O T H E R C L O S E - U P A E R I A L V I E W S H O W I N G H I G H W A Y E N T R A N C E

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

A E R I A L V I E W S H O W I N G T W O H I G H W A Y E N T R A N C E

A N O T H E R A E R I A L V I E W S H O W I N G H I G H W A Y E N T R A N C E

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

P R O P E R T Y I N F O R M A T I O N

HIG HLIG HT S

• Property tours will be held by appointment only. Please contact the listing broker to schedule the tour.

• 2 Bedroom Managers Apartment with Living Room and Kitchen

• Spacious lobby & breakfast area

• Guest laundry & business center

• Constructed 1984

• Outdoor pool

• Below is a list of improvements completed in 2016 & 2017:

1) Painted interior and exterior 2) Added new Breakfast counter including new signage and Artwork

mandated by Wyndham including new Tables & Chairs 3) Parking lot was redone including Structural work completed in the

second building 4) New Furniture, bedding, Art Work, and Flat Screen TV in all the

rooms 5) 20 Units have Microwave/Fridge combo 6) New Re-designed Reception Counter with all new signs 7) New Video surveillance system, rewired the whole building for digital

cable & new Wi-Fi Network installed 8) Phone system was upgraded with call attendant 9) 2.16 acres with ample Truck Parking

MARKET ANALYSIS: Despite steady room demand from hotels located on major

interstates, it offers significant upside with more hands‐on management, direct sales efforts

since owner is involved with his other projects. The ideal buyer will be an Owner‐Operators

who takes the time to enhance top‐line revenues while staying focused on operating

efficiencies, thus achieving a stronger bottom‐line.

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

LOCATION:

➢ 9.7 Miles from Driller Stadium ➢ 6.4 Miles from Tulsa International Airport ➢ 8.2 Miles from Tulsa Zoo ➢ 9.4 Miles Tulsa Expo Square Fair Grounds ➢ 3.7 Miles Tulsa Stockyard ➢ 3.5 Miles Melton Trucking ➢ 5.4 Miles Hard Rock Hotel & Casino ➢ Located between Historic Rt 66/Interstate I-40, & Hwy 169

PROPERTY IDENTIFICATION:

Property: Travelodge by Wyndham Tulsa

Address: 11525 E Skelly Dr, Tulsa, OK 74128 Major Crossroads: I-40 & 11th Street including Hwy 169 & 11th Street

County: Tulsa County

Township: Tulsa

BUILDING FEATURES: Year Open: 1984

Total Guest Suites: 65 (63 rentable, 2 used for storage) Guest Room Mix: Double Beds: 28 Handicap Double Bed: 1 Whirlpool King Suites: 4 Jacuzzi King Suites: 2 Handicap King Bed: 1 Single Standard King - 27

Corridors: Exterior

Floors: Two Elevator: N/A

Porte Cochere: Clearance 9 Feet Manager/Owner’s Quarter: 3 bedrooms, 2 bath, Living Room & Kitchen Onsite House Keeping Quarter: 2 bedrooms, 1 bath, living room and kitchen Maintenance Person Quarter: 1-bedroom, full bath, living room and kitchen

No warranties or representations, expressed or implies are made as to the accuracy of the information contained herein and this information is offered subject to errors, omissions, and projections. Purchaser is urged to conduct an independent investigation, inspection and verification of all information verbal or written. The Broker is the Agent of the Seller.

REAL ESTATE & PERSONAL PROPERTY TAXES: $12,985/year Leased Equipment: None

Utility Providers:

Telephone: Cox Cable Internet: Cox Cable Cable: Cox Cable Gas Service: Municipal (Tulsa City) Water & Sewer: Municipal (Tulsa City) Electricity: Municipal (Tulsa City)

Hotel Laundry: Two Commercial Washer Two Commercial Dryer Guest Laundry: One Washer One Dryer

Hot Water: Three ‐ Gas fired Water Heaters (Use two & one as a backup)