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Executive Summary

Charming 29-Room Motel with Manager's Apartment
Location: Enid, Ok
Price: $850,000
Property Type: Motel
Rooms: 29 guest rooms, including a mix of single and double occupancy.
Manager's Apartment: 2-bedroom apartment perfect for on-site living.
Description: Welcome to your next investment opportunity! This charming 29-room motel offers a fantastic blend of comfort and convenience. Each guest room is designed with modern amenities and cozy decor, ensuring a pleasant stay for all visitors. The variety of room types caters to both individual travelers and families, making it a popular choice in the area.
Amenities:
Free Wi-Fi throughout the property
Ample parking space
Pet-friendly rooms available
Don't miss out on this unique opportunity to own a thriving motel in a prime location. Whether you're an experienced hotelier or a new investor, this property has everything you need to succeed.
Contact Information: For more details or to schedule a viewing, please contact Ashish Mohan at 580-402-2546 or aashiq35@yahoo.com

Property Facts

Price $850,000
Price Per Room $29,310
Sale Type Investment
Sale Conditions
Business Value Included
  • Short Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.55 AC
Building Size 10,158 SF
No. Rooms 29
No. Stories 1
Year Built 1981
Parking Ratio 4.13/1,000 SF
Corridor Exterior
Zoning C-2 - General Commercial

Amenities

  • Public Access Wifi

About 3130 S VAN BUREN ST , ENID, OK 73703

The property also includes a spacious 2-bedroom manager's apartment, providing a comfortable living space for on-site management. This apartment features a full kitchen, living room, and private bedrooms, ensuring the manager can live and work with ease.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 29 $58.00 -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
1060-00-000-026-0-039-00
Land Assessment
$8,061
Improvements Assessment
$44,366
Total Assessment
$52,427
  • Listing ID: 34383491

  • Date on Market: 1/6/2025

  • Last Updated:

  • Address: 3130 S Van Buren St, Enid, OK 73703

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