This Property is no longer advertised on Showcase.com.
Off Market
1/6

2500 S Main St
Elk City, OK 73644


HIGHLIGHTS

  • Situated off the interstate 40 located in the panhandle - 30 miles of Oklahoma/Texas border.
  • Ideal property for owner operator/first-time buyers.
  • Fully leased out restaurant/bar/lounge generating additional income.
  • 2 onsite manager living quarters.

OVERVIEW

NewGen Advisory is pleased to announce for sale the Americas Best Value Inn in Elk City, Oklahoma. It is located in a highly desirable energy/gas corridor and is priced below replacement cost under $20,000 per key. This 2 story, 56-unit exterior corridor is situated on 5.3 acres including truck parking and located within the Oklahoma/Texas panhandle, off the interstate 40. Additionally, it consists of 2 onsite manager living quarters with a fully leased out restaurant, bar and lounge that provides additional revenue. This property was formerly a Days Inn property prior to being converted to Americas Best Value Inn during Covid and is a shining example of western charm and proud pioneering history. Located in a city that hosts National Route 66 and Transportation Museum ABVI - Elk City is a great pit stop for a weary traveler, or an oil/gas worker employed at the one of the many companies located nearby.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Elk City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

46290

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

160

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

0425-34-011-021-0-023-00