Property Overview The Economy Inn is a 16-room motel strategically located on Broadway Street, one of the busiest and most visible commercial corridors in Poteau, Oklahoma. Within a two-mile radius, there are at least nine other hotels, making this a well-established hospitality district. Poteau is a growing regional city, just 40 minutes from Fort Smith, Arkansas, drawing both travelers and long-term residents. The motel was originally built around the 1970s–1980s and includes a two-bedroom manager’s apartment, ideal for owner-operators or live-in management. Area Growth & Location Advantage Since the current ownership began in 2020, the surrounding area has experienced significant commercial development. At least four to five new fast-food restaurants have been built nearby—each thriving and bringing heavy daily traffic to Broadway Street. This strong local growth trend enhances the property’s long-term value and business potential. Business Operations • Operated as a weekly and nightly rental motel. • Weekly rates: $230–$260 per room. • Average monthly revenue: $13,000–$16,000 when fully occupied. • Typical monthly expenses: • Electricity: ~$1,000 • Water: ~$400 • Gas: ~$120 • Internet/Cable: ~$320 • Management/Payroll: ~$1,500 • Maintenance/Supplies: ~$400 • Average net profit: approximately $8,000/month (excluding property tax and insurance). Currently, the property operates primarily on monthly rentals, producing $10,000–$11,000 gross and $5,000–$6,000 net. With minimal updates and consistent management, the motel can easily return to its previous profitability range. Property Condition • Solid structure, typical of 1970s–80s construction. • Window A/C units installed in most rooms (replacement cost: $435 each). • Estimated full upgrade for 16 rooms: $6,000–$7,000. • Minor improvements such as interior paint, appliance upgrades, and exterior cleanup would greatly improve curb appeal. • Competes directly with nearby American Inn, which maintains full occupancy with similar style rooms.