An Excellent Investment Opportunity! Cherokee inn presents an opportunity to purchase a positive cash-flow motel property in a market. Located at the intersection of Highway 64 and Highway 8, this well-positioned motel sits on approximately 1.8 acres and is the only motel in town. The property features 25 guest rooms, an office, and a two-bedroom, one-bathroom manager’s apartment. Of the 25 rooms, 11 feature two queen-size beds, while 14 feature one king-size bed. Conveniently located near the Salt Plains Lake area, Tourism Anchors: Salt Plains Lake area, this is the only source of transparent crystals, and visitors can go down into the lake to dig for them themselves. the motel benefits from demand for lodging generated by visitors to the lake and surrounding recreational attractions. Throughout the year, Cherokee hosts numerous rodeo events for both youth and adults, attracting families from communities within a five-hour drive. These exciting events bring visitors to town to experience high-energy rodeo competition and create strong opportunities for local lodging demand. One of Oklahoma’s most visited outdoor destinations. here draws: Consistent baseline occupancy from workforce, state agencies, • Hunters • Horseback riders • Families • Fall festival visitors • Energy workers • Truck drivers • Seasonal labor • Traveling contractors