Log In/Sign Up
Your email has been sent.
10603 US Highway 59 Hotel Grove, OK 74344 $2,350,000
Investment Highlights
- Located on busy Highway 59 & less than 3 miles from Grove's brand new Wolf Creek Event Center
- Electronic access/locks make booking easy! Motel rooms are sprinklered.
- All aspects of this motel are brand new & clean! Only commercial indoor pool in Grove.
Executive Summary
OUTRIGGER MOTEL - Renovated & Ready for Revenue!
33 Guest Rooms~Reservation Office~Fully Equipped Guest Lobby~Private Income Producing Apartment~Heated Indoor Pool. The Outrigger Motel in the highly sought-after Grand Lake area offers a prime cash-flow opportunity. Once a busy and well-established motel, the property was recently fully renovated after a fire 3 years ago, resulting in significant upgrades that enhance both value and guest experience. The Outrigger already has many reservations on the calendar and fully booked weekends! With countless fishing tournaments coming up and the brand-new Wolf Creek Event Center less than 3 miles way, the Outrigger can't help but be profitable!
Popular with Grand Lake visitors and fishermen alike, this turnkey property combines a strong local reputation with modern improvements. With the heavy lifting complete, new owners can step in and capitalize on the area's steady tourism demand. Revitalized, improved, and income-ready -- the Outrigger Motel is positioned for its next successful chapter! Owner Agent
33 Guest Rooms~Reservation Office~Fully Equipped Guest Lobby~Private Income Producing Apartment~Heated Indoor Pool. The Outrigger Motel in the highly sought-after Grand Lake area offers a prime cash-flow opportunity. Once a busy and well-established motel, the property was recently fully renovated after a fire 3 years ago, resulting in significant upgrades that enhance both value and guest experience. The Outrigger already has many reservations on the calendar and fully booked weekends! With countless fishing tournaments coming up and the brand-new Wolf Creek Event Center less than 3 miles way, the Outrigger can't help but be profitable!
Popular with Grand Lake visitors and fishermen alike, this turnkey property combines a strong local reputation with modern improvements. With the heavy lifting complete, new owners can step in and capitalize on the area's steady tourism demand. Revitalized, improved, and income-ready -- the Outrigger Motel is positioned for its next successful chapter! Owner Agent
Property Facts
| Price | $2,350,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.20 AC |
| Sale Condition | Business Value Included | Building Size | 24,846 SF |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2026 |
| Zoning | C-3 - Commercial | ||
| Price | $2,350,000 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.20 AC |
| Building Size | 24,846 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1999/2026 |
| Zoning | C-3 - Commercial |
Amenities
- Wheelchair Accessible
- Fiber Optic Internet
- Smoke Detector
About 10603 US HIGHWAY 59 , GROVE, OK 74344
33 Guest Rooms~Reservation Office~Fully Equipped Guest Lobby~Private Income Producing Apartment~Heated Indoor Pool. 16 Double Queen Rooms 6 King Rooms 11 Double Full Rooms 77 unit gated self storage facility next door does not convey, but can be negotiated.
1 1
Property Taxes
| Parcel Number | 0038797 | Improvements Assessment | $28,751 |
| Land Assessment | $17,106 | Total Assessment | $45,857 |
Property Taxes
Parcel Number
0038797
Land Assessment
$17,106
Improvements Assessment
$28,751
Total Assessment
$45,857
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
10603 US Highway 59
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.