710 US-54 Hwy - Hospitality FOR SALE


Hooker, OK 73945
$650,000 USD
806-339-3599
710 US-54 Hwy, Hooker, OK for Sale
$650,000 USD
Hospitality - FOR SALE
1/9
null | 6.5% Cap Rate

710 US-54 Hwy
Hooker, OK 73945


HIGHLIGHTS

  • Living quarter available behind the office.
  • Prime frontage along US-54, a key regional transportation corridor
  • Recently updated property with living quarters for owner/operator flexibility
  • Strong visibility and accessibility for travelers and business guests
  • Located in a stable market with limited lodging competition and consistent demand

OVERVIEW

Discover an exceptional investment opportunity with the Hooker Inn, a 15-room hospitality property strategically located along US-54 in Hooker, Oklahoma. Offered at $650,000 with a 6.5% capitalization rate and $42,250 in net operating income, this asset provides stable cash flow and long-term upside in a market with limited lodging competition. The property sits on a 0.86-acre parcel with a single-story, 4,822-square-foot building that has been recently updated, ensuring operational efficiency and reduced near-term capital expenditures. A living quarter located behind the office adds flexibility for owner-operators or on-site management. Positioned along a major highway corridor, the Hooker Inn benefits from consistent traffic from regional travelers, business visitors, and tourists exploring the Texas County area. The property’s visibility and accessibility make it a reliable performer for both transient and extended-stay guests. With its manageable size and proven income stream, this motel is ideal for private investors, hospitality operators, or those seeking an owner-user scenario in a growing rural market. Hooker, Oklahoma, offers a business-friendly environment and serves as a gateway to regional destinations, with proximity to major routes connecting to Amarillo, TX, and Liberal, KS. This location ensures a steady demand base while providing an affordable entry point into the hospitality sector.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$123 USD /SF

# OF ROOMS

15

PRICE/ROOM

$43,333 {currency}

CAP RATE

6.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hooker Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,500 SF

ZONING

-

APN/PARCEL ID

700006740

ASK ABOUT THIS PROPERTY

Nethaniel HidalgoHooker InnMore Info
806-339-3599

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Nethaniel HidalgoHooker InnMore Info
806-339-3599

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