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Indian Lodge 33700 S 51 Hwy 24 Room Hotel Wagoner, OK 74467 $1,300,000 ($54,167/Room)
EXECUTIVE SUMMARY
The Indian Lodge 25-unit resort near Fort Gibson Lake! Established in 1960 this facility has hosted many reunions, weddings and vacations. Beautifully renovated VRBO with full kitchen. The main living quarters were updated in 2021. Metal roof on main headquarters. Includes a 2 bed, 1 bath, home & a 3 car (30x40) building. Cabins and lodge have been recently updated. 2 Marinas are nearby with lake access. Guest swimming pool was completely resurfaced in 2024 and a new custom cover installed. Firepit, pond and play area. Possible uses might be a wedding venue, meeting hall or corporate retreat. Lake Ft Gibson is host to many fishing tournaments, reunions and other events bringing in guests year-round. Financials available.
PROPERTY FACTS Under Contract
| Price | $1,300,000 | Building Size | 30,000 SF |
| Price Per Room | $54,167 | No. Rooms | 24 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1956 |
| Property Subtype | Hotel | Parking Ratio | 2.33/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 7.00 AC | ||
| Zoning | Commercial | ||
| Price | $1,300,000 |
| Price Per Room | $54,167 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 7.00 AC |
| Building Size | 30,000 SF |
| No. Rooms | 24 |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 2.33/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $107.00 | - |
PROPERTY TAXES
| Parcel Number | 730004471 | Improvements Assessment | $66,831 |
| Land Assessment | $8,959 | Total Assessment | $75,790 |
PROPERTY TAXES
Parcel Number
730004471
Land Assessment
$8,959
Improvements Assessment
$66,831
Total Assessment
$75,790
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Indian Lodge | 33700 S 51 Hwy
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