LTR/STR in Oklahoma City unnder $250k

4 Replies

Hello All,

Which neighborhoods in Oklahoma City at best for Airbnb and also Long term rentals? I am in process of looking for a second home. My primary is in Nashville and the city has awful restrictions on Airbnb. I will be 4 months a year in OKC and then the rest in Nashville. I can work from Anywhere!! I like to be walking distance or less than $10 uber ride to all the bars and restaurants. That's my second home requirements and works well for Airbnb

Please feel free to message me or help me understand the neighborhoods. I intend to invest heavily in STR going forward. So any other cities you recommend I love to check it out. For me Smokies, Beach homes, Mountains...the traditional vacation homes are out of question. I don't like to live on those kind of places for 4 to 5 months a year. What works for me is a proper city with fun night life and less than $250k

Thanks

Chai

Hey Chai, sent you a message. I know there is huge demand for Air BNB around the state fairgrounds, as well as close to downtown/midtown north of I-40. I have a STR near the OU Medical Center that has performed well the last 15 months

Hi Chai wai!!!!  My inner Indian heart loves the worldplay so please pardon it if found too goofy.

There's a lot of nuance in the OKC market in general, but oddly enough there's less nuance to STR than LTR. In general it all comes down to "what are the primary drivers of short-term travel in an area" and OKC is not too hard to figure out.


Medical, night on the town, home remodel, or visiting kids in the city . . . there are a few other draws, but them're the kickers.

Originally posted by @Will Fraser :

Hi Chai wai!!!!  My inner Indian heart loves the worldplay so please pardon it if found too goofy.

There's a lot of nuance in the OKC market in general, but oddly enough there's less nuance to STR than LTR. In general it all comes down to "what are the primary drivers of short-term travel in an area" and OKC is not too hard to figure out.


Medical, night on the town, home remodel, or visiting kids in the city . . . there are a few other draws, but them're the kickers.

As Will said, the type of AirBnB and the reason for stay is a big factor, if your BnB is nothing fancy, nice, but practical, I would think situating it in close proximity to main highways, big box stores, etc. would be practical for those just passing through. If you decide to remodel it to the max then situating it close to the neighborhood pockets (Paseo, Plaza, Western, etc.) or downtown would be a good call to attract those looking to visit and stay a bit in OKC. 

Forrest Faulconer