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Americas Best Value Inn (Motivated seller) 2500 S Main St 56 Room Hotel Elk City, OK 73644 $895,000 ($15,982/Room)
Investment Highlights
- Located off I-40 exit 38.
Executive Summary
Motivated Seller
Property Facts
| Price | $895,000 | Lot Size | 5.30 AC |
| Price Per Room | $15,982 | Building Size | 46,290 SF |
| Sale Type | Investment | No. Rooms | 56 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2010 |
| Property Subtype | Hotel | Parking Ratio | 3.46/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C1 | ||
| Price | $895,000 |
| Price Per Room | $15,982 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.30 AC |
| Building Size | 46,290 SF |
| No. Rooms | 56 |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2010 |
| Parking Ratio | 3.46/1,000 SF |
| Corridor | Exterior |
| Zoning | C1 |
Amenities
- Wheelchair Accessible
- On-Site Bar
- Public Access Wifi
- Smoke Detector
About 2500 S MAIN ST , ELK CITY, OK 73644
Long time owner Selling at approximately 2.16x 2025 room and bar leased revenue. Hotel is right off I-40 exit 38. Hotel has extended stay guests from oil and gas as well as leisure guests traveling on busy I-40. Large gravel parking on site. Bar leased out and restaurant space available for lease. Great for first time buyers trying to get into the hospitality industry.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 56 | $50.00 | - |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0425-34-011-021-0-023-00 | Improvements Assessment | $73,967 |
| Land Assessment | $8,527 | Total Assessment | $82,494 |
Property Taxes
Parcel Number
0425-34-011-021-0-023-00
Land Assessment
$8,527
Improvements Assessment
$73,967
Total Assessment
$82,494
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Americas Best Value Inn (Motivated seller) | 2500 S Main St