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HiWay Inn Express of Coalgate 1412 S Broadway St

41 Room Hotel Coalgate, OK 74538 $1,600,000 ($39,024/Room)

Investment Highlights

  • 41-room Motel + 3-room living quarters
  • Flat Screen TV, Fridge, Microwave in all the Guest's Room
  • Guest Laundry Room

Executive Summary

Well-built property with steel construction, allowing a variety of branding options. Current Absentee Owner. Excellent Opportunity for an On-Site Operator. Property is walking-distance from the lake. HiWay Inn Express of Coalgate is conveniently located in Coal County, offering a number of amenities. Guest laundry room, Flat-screen TVs are available and in-room coffee, refrigerator and microwave are included in guest rooms.

Property Facts

Price $1,600,000
Price Per Room $39,024
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.15 AC
Building Size 3,500 SF
No. Rooms 41
No. Stories 2
Year Built 2008
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 41 $56.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0106-00-000-013-0-004-00
Land Assessment
$38,237
Improvements Assessment
$76,125
Total Assessment
$114,362

zoning

Zoning Code C1 (Hospitality)
C1 (Hospitality)
  • Listing ID: 31612516

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 1412 S Broadway St, Coalgate, OK 74538

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