Motel 6 Ardmore

120 Holiday Drive, Ardmore, OK 73401

  • For Sale $3,450,000
  • 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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Attachments

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

Contacts

broker

Andrew Post

NewGen Advisory

(805) 557-8857

Location

Getting Around

  • Walk Score ®

    26/100 Car-Dependent
  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Prairie Kitchen

    0.06 miles

  • KFC

    0.15 miles

  • Applebee's

    0.20 miles

  • Two Frogs Grill

    0.22 miles

  • Taco Casa

    0.31 miles

  • Interurban Classic Grill

    0.35 miles

  • Pizza Hut

    0.37 miles

  • Chili's

    0.69 miles

  • Whataburger

    0.76 miles

  • Braum's

    0.80 miles

  • Northwest Middle School

    1.16 miles

  • Plainview Middle School

    1.17 miles

  • Plainview High School

    1.20 miles

  • Lincoln Elementary School

    1.67 miles

  • Franklin School

    1.89 miles

  • Evans School

    2.30 miles

  • Bloomfield Academy

    2.39 miles

  • Jefferson Elementary School

    2.40 miles

  • Will Rogers Elementary School

    2.53 miles

  • Ardmore High School

    2.63 miles

  • Gloria Ainsworth Child Care & Learning Center

    2.71 miles

Frequently Asked Questions

What is the lease rate for Motel 6 Ardmore?

Rental asking rate at Motel 6 Ardmore is $1,725,000.00/YR.

What is the total square footage of Motel 6 Ardmore?

Motel 6 Ardmore totals 33,136 square feet.

When was this property built?

Motel 6 Ardmore was built in 1987.

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Contact Listing Broker

broker

Andrew Post

NewGen Advisory

(805) 557-8857