Americas Best Value Inn - Elk City, OK

For Sale

2500 S Main Street, Elk City, OK 73644

This Elk City property for sale is located at 2500 S Main Street. The current listed sale price for Americas Best Value Inn - Elk City, OK is $849,999. Americas Best Value Inn - Elk City, OK is situated on a lot that is 3.1 acre in size.

Contacts

broker

Maya Patel

NewGen Advisory

(405) 305-9083

Property Details

  • Property Type Other
  • Property Size 21,480 SF
  • Units 56
  • Lot Size 3.1 Acre
  • Year Built 1975
  • Year Renovated 2020
  • Date Updated Mar 29, 2024
Situated off the interstate 40 located in the panhandle - 30 miles of Oklahoma/Texas border.NewGen Advisory is pleased to announce for sale the Americas Best Value Inn of Elk City, Oklahoma. It is located within the Oklahoma/Texas panhandle off the interstate 40 in a highly desirable energy/gas corridor and is priced below replacement cost at $16,946 per key. This 2 story, 56 unit exterior corridor is situated on 3.1 acres. Additionally, it consists of 2 onsite manager living quarters with a fully leased out restaurant, bar and lounge that provides additional revenue. This offering presents an ideal opportunity for an owner operator to potentially benefit by rebranding the property to increase RevPar and poised to take advantage of the demand for oil and gas in the area as the market continues to surge.

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Highlights

  • Situated off the interstate 40 located in the panhandle - 30 miles of Oklahoma/Texas border.
  • Ideal property for owner operator/first-time buyers.
  • Fully leased out restaurant/bar/lounge generating additional income.
  • 2 onsite manager living quarters.

Getting around

  • 40/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Elk City, OK
  • Neighborhood Elk City
  • Zip Code 73644

Points of Interest

  • Shamrock Gas Station

    1.38 miles

  • Comfort Inn & Suites

    1.20 miles

  • Hampton

    1.56 miles

  • travel Inn

    2.12 miles

  • Econo Lodge

    2.14 miles

  • Motel 6

    2.17 miles

  • Hometown Inn and Suites

    2.24 miles

  • La Quinta Inn

    2.27 miles

  • Sleep Inn

    2.27 miles

  • Super 8

    2.40 miles

  • Walmart Supercenter

    1.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Maya Patel

NewGen Advisory

(405) 305-9083