3263 US Hwy 70 - Hospitality FOR SALE


Mead, OK 73449
$3,500,000 USD
405-365-6990
3263 US Hwy 70, Mead, OK for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/42
null | Request Cap Rate

3263 US Hwy 70
Mead, OK 73449


OVERVIEW

Lake Texoma Lodge & Resort is a 1-story 22-room limited-service lodging facility Located on the north side of US Highway 370 a few miles east of Lake Texoma. The property features cabins, motel rooms, a bunkhouse, laundry and storage. Sneaky Tiki is an on-site full-service restaurant and bar on the frontage of Hwy 370. Other amenities include outdoor pool, hot tub and cabanas. LTLR is conveniently located 4.5 miles from the newly announced Pointe Vista Development and The Hard Rock Hotel & Residences. This development features a luxury resort and surrounding residential neighborhoods (Reflection Pointe & Bridge Pointe). Amenities coming to the area includes a 7- acre Caribbean Bay with sand beaches, water park, amphitheater, restaurants and more announcements to come. Existing amenities include Chickasaw Pointe Golf Club, Catfish Bay Marina and West Bay Casino. This Business and Real Estate sale is a great opportunity in a fast-growing area!

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$250 USD /SF

# OF ROOMS

31

PRICE/ROOM

$112,903 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Texoma Lodge & Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11 AC

LAND SF

479,160 SF

ZONING

IP

APN/PARCEL ID

0000-27-06S-07E-3-002-00

ASK ABOUT THIS PROPERTY

Corey HaleSkybridge Real EstateMore Info
405-365-6990

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Corey HaleSkybridge Real EstateMore Info
405-365-6990

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