Historic Boutique Hotel-Southwest

Tulsa, Oklahoma

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Building

Stats

  • Property Type Hospitality - Full Service
  • Building size (SF) 275,000
  • Price $60,000,000

Overview

The Mayo is a legacy asset that is renowned in the Tulsa Community and filled with stories of its legendary past and iconic guests. Originally built with 500 rooms in 1925, the hotel has 20 stories, a rooftop bar, penthouse ballroom, 102 curated guestrooms, and 76 luxury apartments. The buyer of this asset should recognize upside with marginal improvements by slowly moving more loft apartments back into the hotel inventory, soft branding with Marriott or Hyatt affiliation and the re-opening of the convention center.

The Mayo is the center of the Tulsa social scene and located in the heart of the community. The lobby is every bride’s dream with its grand staircase, historic setting penthouse, and ballroom; all come alive for events with a rooftop bar, creating an experience that cannot be replicated. The hotel is filled with memorabilia throughout the property creating a museum quality experience captivating guests with images of celebrities and music legends from Elvis to Bono along with business leaders, oil tycoons and every past President back to the 1920s.

Location Map

Team

Christopher Kilcullen

Senior Hospitality Broker
Avison Young - US - GA - Atlanta

Downloads

AY_Spreadsheet-Apartment_Growth.pdf

April_2020_ProForma.pdf

AY_Spreadsheet-Soft_Branded.pdf

Profit_and_Loss_March_2020_T12.pdf

Profit_and_Loss_YE_2017.pdf

Profit_and_Loss_YE_2016.pdf

Profit_and_Loss_YE_2018.pdf

Profit_and_Loss_YTD_November_2020.pdf

Profit_and_Loss_YE_2019.pdf

September_2019_STR.pdf

October_2020_STR.pdf

October_2019_STR.pdf

November_2019_STR.pdf

January_2020_STR.pdf

December_2019_STR.pdf

December_2018_STR.pdf

August_2020_STR.pdf

August_2019_STR.pdf

Rooms_and_APT_Detail.xls

Property_Taxes.pdf

Mayo_ABC_Payroll_Summary_Nov-18-Oct-19.pdf

Performance_Report_Thru_2020.pdf

OZ_Surface_Lot.pdf

TravelClick_Statement.pdf

Mayo-Recent_PIP.pdf

Offering_Memoradum.pdf

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