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Lazy Spring Farm 45051 W 51st St S

4 Room Hotel Jennings, OK 74038 £697,137 (£174,284/Room) 10.67% Net Initial Yield

Executive Summary

Established luxury Airbnb vacation home business for sale! The site is near Keystone lake 35 mins from Tulsa and 70 minutes from OKC, close to highway and state parks. This sale includes ~17.8 Acre land and 4 vacation cabins (each with deck, fire pit, 4-person SPA, all furniture, appliances). There’s a close to 0.5 acre deep pond on the property that can be used as fishing grounds for customers. This lot is partially wooded and partially clear. A minor public well was in place that can serve up to 12 people(two more cabins). Two new aerobic systems. The business was founded in 2022 and has stable income every month with lots of growth potentials. There is 1400ft of solid gravel road across the property. Address will be disclosed once proof of fund is received.

Property Facts

Price £697,137
Price Per Room £174,284
Sale Type Investment
Net Initial Yield 10.67%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.06 AC
Building Size 3,946 SF
No. Rooms 4
Number of Floors 1
Year Built 2001
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 £77.55 -
  • Listing ID: 31821001

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: 45051 W 51st St S, Jennings, OK 74038

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