Americas Best Value Inn - Elk City, OK

2500 S Main Street, Elk City, OK 73644

  • For Sale $849,999
  • 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.

Contacts

broker

Maya Patel

NewGen Advisory

(405) 305-9083

Location

Getting Around

  • Walk Score ®

    40/100 Car-Dependent

  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Cafe Elk City

    0.57 miles

  • Taco Bell

    1.05 miles

  • Home Cooking Cafe

    2.15 miles

  • Lincoln School

    0.43 miles

  • Saint Joseph School

    0.90 miles

  • Elk City Junior High School

    0.96 miles

  • Fairview School

    1.07 miles

  • Northeast School

    1.44 miles

  • Pioneer School

    1.96 miles

  • Grandview School

    1.98 miles

  • Elk City High School

    2.20 miles

  • Merritt School

    4.04 miles

  • Saint Francis School

    9.01 miles

Frequently Asked Questions

What is the lease rate for Americas Best Value Inn - Elk City, OK?

Rental asking rate at Americas Best Value Inn - Elk City, OK is $424,999.50/YR.

What is the total square footage of Americas Best Value Inn - Elk City, OK?

Americas Best Value Inn - Elk City, OK totals 21,480 square feet.

When was this property built?

Americas Best Value Inn - Elk City, OK was built in 1975.

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Contact Listing Broker

broker

Maya Patel

NewGen Advisory

(405) 305-9083