2500 S Main St - Hospitality FOR SALE


Elk City, OK 73644
$950,000 USD
580-243-4511
2500 S Main St, Elk City, OK for Sale
$950,000 USD
Hospitality - FOR SALE
1/27
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2500 S Main St
Elk City, OK 73644


HIGHLIGHTS

  • Located off I-40 exit 38.

OVERVIEW

Long time owner Selling at approximately 2.16x 2025 room and bar leased revenue. Hotel is right off I-40 exit 38. Hotel has extended stay guests from oil and gas as well as leisure guests traveling on busy I-40. Large gravel parking on site. Bar leased out and restaurant space available for lease. Great for first time buyers trying to get into the hospitality industry.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$21 USD /SF

# OF ROOMS

56

PRICE/ROOM

$16,964 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Elk City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

160

LAND DETAILS

LAND ACRES

5.3 AC

LAND SF

230,868 SF

ZONING

C1

APN/PARCEL ID

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

ASK ABOUT THIS PROPERTY

Bobby PatelAmericas Best Value InnMore Info
580-243-4511

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Bobby PatelAmericas Best Value InnMore Info
580-243-4511

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