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1014 W Doolin Ave
Blackwell, OK 74631

Super 8 Blackwell · Hospitality Property For Sale · 7,200 SF

Investment Highlights

  • Two-Story, 43-Room, Interior-Corridor Hotel with On-Site Restaurant and Manager’s Apartment
  • Highly Visible and Easily Accessible from Highway 11, Near Interstate 35 and Highway 177
  • The Asset Includes an On-site Restaurant, which is Currently Rented to a Third Party, and Generates $18,000 per Year in Rental Income
  • Priced Below Replacement Cost at $20,814 Per Key
  • Opportunity for New Investor to Capitalize on Expected Increase in RevPAR and Bottom-Line Revenues, Returning a Higher Yield on Investment
  • Seller Financing Available to Qualified Buyers with $250K Down Payment with Favorable Terms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.40 AC
Building Size 7,200 SF
Number of Floors 2
Year Built 1984
Corridor Interior

Amenities

  • Business Centre

About 1014 W Doolin Ave , Blackwell, OK 74631

The Super 8 Blackwell is a 43-room, two-story Hotel stationed off Highway 11, near Interstate 35 and Highway 177. The Hotel features a breakfast area, lobby, bus/oversize truck parking, and fitness center access. Spacious guest rooms offer a microwave, refrigerator, television, coffee/tea maker, hairdryer, and work desk.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2990-15-027-01W-3-015-00
Land Assessment
£4,885
Improvements Assessment
£53,420
Total Assessment
£58,305

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 24518830

  • Date on Market: 19/11/2021

  • Last Updated:

  • Address: 1014 W Doolin Ave, Blackwell, OK 74631

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