The Montford Inn 322 W Tonhawa St 10 Room Bed and Breakfast Norman, OK 73069 $1,100,000 ($110,000/Room) 10% Cap Rate

A rare opportunity to own an established, purpose-built hospitality business with solid financial history and growth potential. Located in central downtown Norman, this 10 guest room landmark property incorporates nostalgic design with modern amenities that attract today’s leisure, business and university traveler looking for a unique experience. At just over half an acre located on a tree lined street, the property includes the main Inn with its indoor and outdoor gathering spaces, and guest parking. There are a total of 10 guest rooms and suites. Ample parking and outdoor guest space create a getaway in the midst of the action. Guests can walk to the beautiful bustling University of Oklahoma campus and lively college sports scene and enjoy Central Norman’s thriving and rapidly growing area – Downtown Merchants and Restaurants, Entertainment, Rail District, Norman’s Central Library, Andrew’s Park and a vibrant business community. This is a family built, owned and operated business. One owner since its creation 30+ years ago. The opportunity for business growth is evident at every turn. Norman is a large vibrant university town minutes from Oklahoma City with many ways to leverage the real property and the hospitality business. The owners home is also available for sale for $550,000. It is located across the tree lined street from the Inn. This is a lovely modern 2,229 square foot home.