Motel 6 Ardmore

For Sale

120 Holiday Drive, Ardmore, OK 73401

This Ardmore property for sale is located at 120 Holiday Drive. The current listed sale price for Motel 6 Ardmore is $3,450,000. Motel 6 Ardmore is situated on a lot that is 2.4 acre in size.

Contacts

broker

Andrew Post

NewGen Advisory

(805) 557-8857

Property Details

  • Property Type Other
  • Property Size 33,136 SF
  • Units 117
  • Lot Size 2.4 Acre
  • Year Built 1987
  • Date Updated Apr 10, 2024
Ardmore offers a blend of attractions making it an appealing destination for travelers. Visitors can explore the Lake Murray State Park, known for it's scenic landscapes, or the Greater Southwest Historical Museum, providing a look into the region's past. This city is full of historical charm, outdoor adventures, and cultural experiences.The Bowman Post Group of NewGen Advisory is pleased to present for sale the Motel 6 located in Ardmore, Oklahoma. This property is well located off Interstate 35 and Highway 70. The Ardmore Downtown Executive Airport is approximately 5 miles southwest, catering to both leisure and business travelers. Ardmore has a relatively inexpensive cost index with many local businesses and attractions which keeps the town thriving. Ardmore is a growing city that's home to many major employers and manufacturers. Situated between Dallas and Oklahoma City, Ardmore is the ideal choice for many operations. The diverse economic sectors contribute to a steady flow of business and leisure visitors. Ardmore has many incoming infrastructure projects which will help improve the quality of life, attract businesses and boost the local economy. Broker of Record: Richard Queen | NewGen Advisory KS, LLC. | License No.: BR00232332

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Highlights

  • 117 units/ 2 Stories
  • Priced to sell at $29,487/key
  • Revenue 2022: $1,058,845 and Revenue 2023: $1,006,696
  • Strong NOI: $423,064 2022 and $383,460 2023
  • Upside: 78.2% RevPar Index
  • Located 1 hour and 30 minutes from Dallas and Oklahoma City
  • Manager apartment is 2 bedrooms, 750 sq ft, kitchen, dining, and 2 bath
  • All rooms equipped with PTAC
  • 16 Rooms with Kitchenettes

Attachments

Getting around

  • 26/100

    Walk Score ®

  • 35/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ardmore, OK
  • Zip Code 73401

Points of Interest

  • Ardmore

    2.30 miles

  • Valero

    0.30 miles

  • Shell

    0.87 miles

  • Phillips 66

    0.91 miles

  • Flying J

    1.77 miles

  • Conoco

    1.79 miles

  • Murphy USA

    1.82 miles

  • Valero

    1.87 miles

  • Shell

    1.94 miles

  • Newport Grocery

    7.89 miles

  • Shell

    8.90 miles

  • Econo Lodge

    0.20 miles

  • Days Inn

    0.22 miles

  • Comfort Inn & Suites

    0.29 miles

  • Best Western Plus

    0.30 miles

  • Baymont

    0.82 miles

  • La Quinta Inn & Suites

    1.08 miles

  • Candlewood Suites

    1.12 miles

  • Courtyard

    1.54 miles

  • Holiday Inn

    1.63 miles

  • SpringHill Suites

    1.75 miles

  • Ross

    1.05 miles

  • Gordmans

    1.07 miles

  • Homeland

    1.22 miles

  • Save-A-Lot

    1.39 miles

  • Aldi

    1.40 miles

  • TJ Maxx

    1.50 miles

  • JCPenney

    1.52 miles

  • Big Lots

    1.60 miles

  • Walmart Supercenter

    1.72 miles

  • Tim's Corner Grocery and Deli

    2.24 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Andrew Post

NewGen Advisory

(805) 557-8857