Contacts
Avison Young - US - GA - Atlanta
Avison Young
Avison Young
Avison Young - US - GA - Atlanta
Property Details
- Property Type Other
- Units 15
- Additional Rent Contact for pricing
- Date Updated Dec 17, 2024
Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Okmulgee totaling 14 guestrooms. The property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire an economy hotel with existing in-place cash flow.
DISCOUNT TO REPLACEMENT COST
Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects.. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Unencumbered of Debt and Management
- Discount to Replace Cost
Getting around
-
47/100
Walk Score ®
-
45/100
Bike Score ®
Location
- City Okmulgee, OK
- Zip Code 74447
- Market Tulsa
Points of Interest
-
Murphy USA
0.64 miles
-
Creek Nation Travel Plaza
2.30 miles
-
Valero
6.93 miles
-
Southwest Parking Lot
1.38 miles
-
Preferred Parking
1.41 miles
-
West Parking Lot
1.48 miles
-
Southeast Parking Lot
1.49 miles
-
South Central Parking Lot
1.56 miles
-
North Central Parking Lot
1.64 miles
-
East Parking Lot
1.72 miles
-
North Parking Lot
1.79 miles
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College of the Muscogee Nation
2.07 miles
-
Days Inn by Wyndham Okmulgee
0.29 miles
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Holiday Inn Express & Suites Okmulgee
2.09 miles
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Best Western Okmulgee
2.68 miles
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Walmart Supercenter
0.58 miles
-
2000 Center
0.70 miles
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.