224 S Ash St - Hospitality FOR SALE


Nowata, OK 74048
$299,000 USD
918-601-6414
224 S Ash St, Nowata, OK for Sale
$299,000 USD
Hospitality - FOR SALE
1/2
null | 12.04% Cap Rate

224 S Ash St
Nowata, OK 74048


OVERVIEW

RUDD MOTEL 12-Room Operating Motel • Nowata, Oklahoma ASKING PRICE: $299,000 An established small-town motel with highway exposure, owner/manager living quarters and significant upside potential. The Rudd Motel is a 12-room operating motel located at 224 S. Ash Street in Nowata, Oklahoma, near U.S. Highway 169. Public sources confirm the motel’s location and continued identification as a lodging business. (D&B (https://www.dandb.com/businessdirectory/ruddmotel-nowata-ok-17239180.html?utm_source=chatgpt.com)?) ? PROPERTY HIGHLIGHTS 12 motel rooms Approximately 7 rooms updated Approximately 60% occupancy Approximately $90,000 gross revenue in 2025 Separate 3-bedroom, 2-bath owner/manager residence Approximately 1,600 sq. ft. living quarters Approximately 1 acre Coin-operated laundry with 2 washers and 2 dryers On-site management Convenient access to restaurants, groceries and local services Located near major highway traffic Established operating motel with additional upside from renovations, marketing and increased occupancy The property has historically been marketed as a 12-unit motel with living quarters and an office/laundry area, and public records identify the structure as having been built in 1959. (Zillow (https://www.zillow.com/homedetails/224-S-Ash-St-Nowata-OK-74048/2107599102_zpid/?utm_source=chatgpt.com)?) ? FINANCIAL OVERVIEW 2025 Gross Revenue Approximately $90,000 Asking Price $299,000 918 853-7377 for information

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$79 USD /SF

# OF ROOMS

12

PRICE/ROOM

$24,917 {currency}

CAP RATE

12.04%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rudd Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Hospitality

APN/PARCEL ID

1001-01-042-002-0-002-00

ASK ABOUT THIS PROPERTY

Walt NubelThe Rudd MotelMore Info
918-601-6414

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Walt NubelThe Rudd MotelMore Info
918-601-6414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.