706 S Kerr Blvd - Hospitality FOR SALE


Sallisaw, OK 74955
$2,100,000 USD
214-223-1017
706 S Kerr Blvd, Sallisaw, OK for Sale
$2,100,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

706 S Kerr Blvd
Sallisaw, OK 74955


HIGHLIGHTS

  • 83 Keys Total. 70 Keys Rentable.
  • Indoor & Outdoor Pool
  • Meeting Rooms
  • Near Major Highways
  • Across from Cherokee Casino
  • 25,743 sq. ft.

OVERVIEW

70 rooms with air conditioning, flat-screen TVs with cable channels, refrigerators, microwaves, and coffee/tea makers. The property is strategically positioned near major highways and across from a Cherokee Nation casino which does not have a hotel. The Blue Ribbon Inn & Suites offers a host of amenities like indoor and outdoor pools, free breakfast, and conference spaces. The area is set for significant growth, with a VA housing facility and a new processing plant underway, creating a surge in local job opportunities. The hotel's proximity to key attractions like Sequoyah National Wildlife Refuge and Cherokee Casino Sallisaw ensures a steady flow of guests, while the city's demand for updated accommodations presents a promising future for investors.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$61 USD /SF

# OF ROOMS

70

PRICE/ROOM

$30,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Blue Ribbon Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.55 AC

LAND SF

110,927 SF

ZONING

-

APN/PARCEL ID

0000-06-011-024-0-028-00

ASK ABOUT THIS PROPERTY

Joy PatelBeam Real Estate, LLCMore Info
214-223-1017

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Joy PatelBeam Real Estate, LLCMore Info
214-223-1017

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