Super 8 by Wyndham Elk City

2801 East Highway 66 Elk City, OK 73644

2801 East Highway 66, Elk City, OK, 73644
2801 East Highway 66, Elk City, OK, 73644
FOR SALE Auction Property
Property Type:
Motel
FOR SALE
Amount:
Please Call Broker for Price

Last Verified:
May 11, 2020

Highlights

  • Attractive 2-story asset in great overall condition
  • Property is being offered unencumbered by management
  • Property offers significant upside with the opportunity to add additional rentable rooms as the property has 64 total units. 55 of the 64 units are current to Super 8 standards, but only 45 rooms are presently registered with the brand
  • Property size allows for easy owner/operator management
  • Value-add opportunity
  • Amenities include outdoor pool, laundry facilities, business center, free breakfast, free WiFi and bus/truck parking
  • Broker of Record: Johnny Kinder | Coldwell Banker Crossroads Realtors | OK License# 51703

Description

Bull Realty is pleased to exclusively offer the opportunity to acquire a fee simple interest in the Super 8 by Wyndham Elk City in Elk City, Oklahoma. This well-maintained property recently underwent extensive renovations including a new roof in 2018.

The two-story, interior-corridor Super 8 by Wyndham Elk City is ideally located off I-40. The property sits on approximately 2 acres and is in close proximity to outdoor activities and popular area attractions such as the National Rt. 66 and Transportation Museum.

Super 8 by Wyndham Elk City is ideally located off I-40.

Building Size: 27064.0sq ft
Lot Size: 0.0 acres

Map of 2801 East Highway 66, Elk City, OK, 73644

Presented by:
Thumb_6c2cdb30fe

Request additional information
Icon_ccb26f53cb


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.