Montford Inn 226 Tonhawa st 10 Room Hotel Norman, OK 73069 $1,200,000 ($120,000/Room)

Located in the heart of Norman. Twenty minutes to uptown Oklahoma City, within walking distance to the University of Oklahoma and ringed by Central Norman's thriving and rapidly growing area - Downtown Merchants and Restaurants Clubs, Rail District, Norman's Central Library, Andrew's Park, and Commercial Properties. Amenities are abundant. Growth opportunity is extraordinary.A rare opportunity to own an established, purpose-built hospitality business. Located in central downtown Norman, this 10-guest room landmark property incorporates nostalgic design with modern amenities that attract today’s leisure, business, and university travelers looking for a unique experience.
At just over half an acre on a tree-lined street, the property includes the main Inn with its indoor and outdoor gathering spaces and guest parking. There are 10 guest room suites; also available for sale is a lovely modern private owner’s home. The owner's home is located on a separate lot across the street from the Inn and priced at $550,000.
Ample parking and outdoor guest space create a getaway in the midst of the action. Guests can walk to the beautiful bustling University of Oklahoma campus and enjoy Central Norman’s thriving and rapidly growing area – Downtown Merchants and Restaurants, Entertainment, Rail District, Norman’s Central Library, Andrew’s Park, and a vibrant business community.
This is a family-built, owned, and operated business. One owner since its creation 31 years ago. The opportunity for business growth is evident at every turn. Norman is a large vibrant university town minutes from Oklahoma City with many ways to leverage the real property and the hospitality business. The Inn and owner's home are priced together at $1,750,000.