624 South Boston Ave.  |  Tulsa, OK  74119
Hotel Website

The landmark Art-Deco Oklahoma Natural Gas Company Building in downtown Tulsa, OK is currently listed for sale exclusively through US Hotel Advisors. The acquisition provides an opportunity for a developer to undertake an adaptive reuse to convert this historical landmark to a 136-room boutique hotel. A study was also completed that indicated that a multi-family adaptive reuse of the property would also be feasible. The seller would be open to contributing the property to a newly formed joint venture and is offering seller financing to reduce the upfront cost to the buyer.

The property is zoned and use-approved for hotel and is eligible for both State and Federal historical tax credits, Tax Incremental Financing and C-PACE financing. Both Hilton and Marriott have expressed interest in branding the proposed hotel as part of their Tapestry Collection or Tribute Portfolio.

Listed By: Hunter Johnson