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Silver Spur Motel 1900 No Broadway Ave 20 Room Hotel Ada, OK 74820 $725,000 ($36,250/Room)
Executive Summary
Silver Spur Motel offers a compelling hospitality investment opportunity featuring 22 total guest rooms along with a spacious 4 bedroom, 2 bath owner’s residence. The property includes 10 single occupancy rooms, 2 double occupancy rooms, and 10 rooms equipped with kitchenettes, providing a versatile layout suitable for short-term stays, extended-stay guests, or workforce housing potential. Additional amenities include a dedicated office/reception area, a large laundry room, and a paved parking lot for guest convenience. The included owner’s home creates flexibility for on-site management or additional rental use. With its established room configuration, diverse unit mix, and strong operational footprint, this property presents excellent potential for investors looking to expand their hospitality portfolio or capitalize on a value-add commercial asset. A brand new roof will be installed at closing, offering added value and peace of mind for the new owner.
Property Facts
| Price | $725,000 | Building Size | 9,385 SF |
| Price Per Room | $36,250 | No. Rooms | 20 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 2.88/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.00 AC | ||
| Zoning | CM | ||
| Price | $725,000 |
| Price Per Room | $36,250 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 9,385 SF |
| No. Rooms | 20 |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 2.88/1,000 SF |
| Corridor | Exterior |
| Zoning | CM |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 10 | $55.00 | - |
| Guest Room | 10 | $40.00 | - |
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Property Taxes
| Parcel Number | 0530-28-004-006-0-057-00 | Improvements Assessment | $52,800 |
| Land Assessment | $24,000 | Total Assessment | $76,800 |
Property Taxes
Parcel Number
0530-28-004-006-0-057-00
Land Assessment
$24,000
Improvements Assessment
$52,800
Total Assessment
$76,800
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Silver Spur Motel | 1900 No Broadway Ave
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