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Twin Lakes Inn 1810 E Main St

44 Room Hotel Stigler, OK 74462 £1,292,445 (£29,374/Room)

Executive Summary

Hospitality investment located on Hwy 9\Main Street in Stigler, Oklahoma. The two-story motel is located on approximately 2.2 acres and has approximately 250 feet of Hwy 9/Main St. frontage. There are 40 rooms, which include 36 standard rooms & 4 suites. Guest amenities include: swimming pool, laundry facility, in-room high-speed wireless internet, lobby breakfast area, lobby guest computer center, large meeting room\clubhouse, and RV\trailer parking. RV park is on approximately 4.16 acres and offers easy access for campers off Hwy 9. 20 RV sites with water, sewer, and electricity which includes 30 amp & 50 amp options. RV guest amenities include: 24-hour laundry facility, showers, restrooms, meeting room\clubhouse. Acreage offers RV park expansion opportunities. Light financials available. Lake Eufaula, Kerr Lake, sports tournaments, school events, funerals, family reunions, etc., bring in guests year-round.

Property Facts

Price £1,292,445
Price Per Room £29,374
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.00 AC
Building Size 25,670 SF
No. Rooms 44
Number of Floors 2
Year Built 2002
Parking Ratio 2.88/1,000 SF
Corridor Exterior

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 £54.83 -
Guest Room 40 £50.91 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000-17-09N-21E-1-009-00
Land Assessment
£517
Improvements Assessment
£0
Total Assessment
£517

zoning

Zoning Code C-1 (Neighborhood Commercial Zone permits neighborhood commercial activities and small-scale freestanding businesses)
C-1 (Neighborhood Commercial Zone permits neighborhood commercial activities and small-scale freestanding businesses)
  • Listing ID: 33782442

  • Date on Market: 06/11/2024

  • Last Updated:

  • Address: 1810 E Main St, Stigler, OK 74462

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