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This Hospitality Property is no longer advertised on LoopNet.com.

2700 W Broadway St
Ardmore, OK 73401
Econo Lodge Ardmore · Hospitality Property For Sale · 55,000 SF

INVESTMENT HIGHLIGHTS

  • Trailing 12 months room revenue is $1.1MM. The Hotel is projected to make over $1.125MM in 2022.
  • The Hotel has great Upside Potential for a new owner/operator. It is currently operated by an on-site/full-time GM with no marketing or sales staff.
  • The Hotel is offered at $41,000/Key considerably below replacement cost in a productive market. A minimal new owner PIP is anticipated.
  • The Hotel has excellent visibility and easy access off Interstate 35 and within minutes from good shopping and dining.
  • The Hotel has great Upside Potential for a new owner/operator. It is currently operated by an on-site/full-time GM with no marketing or sales staff.
  • New roof in 2019 and New paint in 2020

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 5.37 AC
Building Size 55,000 SF
No. Stories 2
Year Built/Renovated 1971/2019
Parking Ratio 2/1,000 SF
Corridor Interior
Zoning C1

AMENITIES

  • Fitness Center
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0500-00-001-002-0-001-00
Land Assessment
$154,807
Improvements Assessment
$103,924
Total Assessment
$258,731
  • Listing ID: 26929877

  • Date on Market: 10/25/2022

  • Last Updated:

  • Address: 2700 W Broadway St, Ardmore, OK 73401

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