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Downtown Motel and Diner 1208 Oklahoma Ave 28 Room Hotel Woodward, OK 73801 $662,500 ($23,661/Room)



INVESTMENT HIGHLIGHTS
- Updated HVAC for Office
- Current tenants in the restaurant
- New Windows
EXECUTIVE SUMMARY
Beautifully remodeled motel and restaurant ready for new ownership!! This business has undergone massive improvements over the last few years! New flooring, windows, hvac, granite countertops, updated kitchen equipment in the restaurant (which already has some fantastic tenants), new electrical panels, sheetrock, paint, and so much more. These owners have taken this motel and made it light and airy for both occupants and future owners! They have even extended the parking lot on the East side of the building all the way to Texas Ave! This fully functional business is already running so all you gotta do is jump on board!!
This property has 22 single rooms, 4 deluxe rooms, and 2 super deluxe rooms, along with office, break room with kitchenette, restaurant with full kitchen, and additional laundry area in the added storage building out front.
This property has 22 single rooms, 4 deluxe rooms, and 2 super deluxe rooms, along with office, break room with kitchenette, restaurant with full kitchen, and additional laundry area in the added storage building out front.
PROPERTY FACTS
| Price | $662,500 | Lot Size | 0.52 AC |
| Price Per Room | $23,661 | Building Size | 9,600 SF |
| Sale Type | Investment | No. Rooms | 28 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1968/2022 |
| Property Subtype | Hotel | Parking Ratio | 2.4/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $662,500 |
| Price Per Room | $23,661 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 9,600 SF |
| No. Rooms | 28 |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2022 |
| Parking Ratio | 2.4/1,000 SF |
| Corridor | Exterior |
AMENITIES
- Restaurant
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 28 | $44.00 | - |
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PROPERTY TAXES
| Parcel Number | 0001-00-079-010-0-000-00 | Improvements Assessment | $20,075 |
| Land Assessment | $3,713 | Total Assessment | $23,788 |
PROPERTY TAXES
Parcel Number
0001-00-079-010-0-000-00
Land Assessment
$3,713
Improvements Assessment
$20,075
Total Assessment
$23,788
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Presented by
Omni Realty Co
Downtown Motel and Diner | 1208 Oklahoma Ave
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