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OUR ASSET:
ECONOMY HOTEL OKMULGEE

ASKING PRICE: $350,000

ABOUT THE ASSET

This one-story, exterior corridor hotel in Okmulgee offers a unique investment opportunity at a discount to replacement cost. Recently renovated in 2022, the property features 14 guestrooms and is unencumbered by debt and management. With a building size of 2,696 square feet and a lot size of 0.24 acres, this Class C hospitality asset is well-positioned for new ownership.

RENOVATED PROPERTY

Built in 1943 and renovated in 2022, the hotel combines historical charm with modern amenities.

STRATEGIC LOCATION

Situated in Okmulgee, a city known for its rich cultural heritage and growing community.

INVESTMENT ADVANTAGE

Offered at a discount to replacement cost, presenting a compelling investment opportunity.

MORE INFO ON THE ASSET

  • Affordable Accommodation: The hotel offers budget-friendly lodging options, catering to guests seeking economical stays without sacrificing comfort.
  • Prime Accessibility: Located near major highways, ensuring easy access for travelers and enhancing its attractiveness as a convenient lodging choice.
  • Local Proximity: Close to educational institutions, business centers, and recreational facilities, making it an ideal choice for both business and leisure travelers seeking affordable accommodation.

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