2011 N Broadway St - Hospitality FOR SALE


Poteau, OK 74953
$749,000 USD
386-679-5729
2011 N Broadway St, Poteau, OK for Sale
$749,000 USD
Hospitality - FOR SALE
1/7
null | 12.68% Cap Rate

2011 N Broadway St
Poteau, OK 74953


OVERVIEW

Location Description With a stay at Economy INN Poteau in Poteau, you’ll be within a 5-minute drive of Le Flore County Courthouse and Twyman Park. This motel is 2.1 mi (3.4 km) from Choctaw Travel Plaza and Casino and 2.6 mi (4.1 km) from Eastern Oklahoma Medical Center. Property Description Near Le Flore County Courthouse With a stay at Economy INN Poteau in Poteau, you’ll be within a 5-minute drive of Le Flore County Courthouse and Twyman Park. This motel is 2.1 mi (3.4 km) from Choctaw Travel Plaza and Casino and 2.6 mi (4.1 km) from Eastern Oklahoma Medical Center. Make yourself at home in one of the 16 guestrooms. Complimentary wireless internet access is available to keep you connected. Among the 16 units available, one stands out as an exquisite kitchenette and two-bedroom apartment, ideally suited for manager quarters. Its strategic connection to the lobby adds a layer of convenience and accessibility, making it an exceptional choice for those in leadership roles. Weekly rate between $240-$250 per week. It’s a perfect manageable motel for small family operations or entry-level buyers. SELLER FINANCING AVAILABLE UPON REQUEST. 25% Down payment with 8-9% Int. for 3-5 years & 30 years of Amortization. Please Visit my website at: Vippropertywholesaler.com & view more information!!! Investment Highlights This is a prime opportunity for business expansion with solid cash flow!

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$158 USD /SF

# OF ROOMS

18

PRICE/ROOM

$41,611 {currency}

CAP RATE

12.68%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Economy Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,399 SF

ZONING

C2

APN/PARCEL ID

Q080-00-003-000-0-005-00

ASK ABOUT THIS PROPERTY

Jason PostillJP Capital Solutions, LLCMore Info
386-679-5729

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Jason PostillJP Capital Solutions, LLCMore Info
386-679-5729

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.