3031 Military Blvd - Hospitality FOR SALE


Muskogee, OK 74401
$4,900,000 USD
818-851-3314
3031 Military Blvd, Muskogee, OK for Sale
$4,900,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

3031 Military Blvd
Muskogee, OK 74401


HIGHLIGHTS

  • 67 Unit, 3 Story, Interior Corridor Hotel
  • Fantastic Condition - Entire Hotel Completely Renovated in 2023
  • Trailing Twelve Month Revenue through July 2025: $1,354,101.99 and Increasing Steadily
  • Excellent Location Under an Hour from Tulsa, OK
  • Profitable Despite Absentee Ownership - Perfect Opportunity for On-Site Owner
  • Large 2,300 (+/-) Sq-ft Meeting Space and Indoor Pool Available

OVERVIEW

The Comfort Inn & Suites in Muskogee, Oklahoma is a 67-room, three-story, interior-corridor hotel conveniently located just one hour from Tulsa, with easy access to U.S. Highway 69 and U.S. Highway 62. The property is well maintained and underwent a complete renovation in 2023. It continues to perform strongly, with trailing twelve-month revenue through June totaling $1,323,737 and increasing steadily. Amenities include a laundry facility, business center, meeting room, banquet hall, fitness center, snack bar, breakfast area, and indoor pool. The hotel is currently absentee-owned, presenting a strong upside for an on-site owner/operator to drive additional revenue through active management. Muskogee benefits from a diversified economy anchored by manufacturing, logistics, healthcare, agriculture, and emerging industries such as advanced manufacturing, energy technology, aviation, and electric vehicle supply chains. Notably, Stardust Power Inc. is investing $1.2 billion in a lithium refinery near the Port of Muskogee, a major development for the region. Nearby attractions include Honor Heights Park, USS Batfish at War Memorial Park, Five Civilized Tribes Museum, The Castle of Muskogee, Oklahoma Music Hall of Fame, River Country Water Park, Fort Gibson Historic Site, and Creek Nation Casino Muskogee, among many others, making it a hub for tourism and recreation.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$85 USD /SF

# OF ROOMS

68

PRICE/ROOM

$72,059 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites Muskogee

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2002

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.81 AC

LAND SF

122,404 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim TakaoAmber Hotel CompanyMore Info
818-851-3314

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Tim TakaoAmber Hotel CompanyMore Info
818-851-3314

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