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2802 S Main St
Elk City, OK 73644
Comfort Inn & Suites - Bankruptcy Sale · Hospitality Property For Sale · 40,476 SF
Investment Highlights
- 67-Room, Interior Corridor, Upper Midscale Hotel Built in 2006
- Well Positioned with Excellent Visibility from Highway 6
- Operational Upside for Prospective Hands-On Owner-Operator Investor
- Priced Significantly Below Replacement Cost at $33,582 Per Key
- Hotel RevPAR Index of 41 Percent; Significant Upside Potential
- All Offers Must be Submitted in Contract Form
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 40,476 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 2006/2013 |
| Lot Size | 1.56 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.56 AC |
| Building Size | 40,476 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2006/2013 |
| Corridor | Interior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 2802 S Main St , Elk City, OK 73644
Property Overview: The Comfort Inn & Suites Elk City is a 67-room, four-story hotel that was built in 2006. The upper-midscale Choice Hotels International-branded hotel offers each guest room a flat-screen television, mini-refrigerator, and microwave. The common areas include an outdoor pool, exercise room, fitness center, and truck parking. Location Overview: Elk City, Oklahoma is located in the western part of the state and the Comfort Inn & Suites Elk City is positioned on 2802 South Main Street approximately 110 miles west of Oklahoma City. The city's strategic location is a halfway point between the east and west coasts of the United States and on a major thoroughfare along the Interstate 40 Corridor, which is noted as the economic development region. More than 40,000-60,000 vehicles per day travel through the corridor and with the geographic advantages the city is an attractive business and industrial destination. The hotel is near Elk City Municipal Airport (3.3 miles), and leisure travelers visit the iconic National Route 66 and Transportation Museum. Broker of Record Mark McCoy License: 181981
PROPERTY TAXES
| Parcel Number | 0340-00-002-002-0-000-02 | Improvements Assessment | $260,777 |
| Land Assessment | $14,308 | Total Assessment | $275,085 |
PROPERTY TAXES
zoning
| Zoning Code | C1 |
| C1 |
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