Thurman's Lodge

Incredible Value Add Opportunity....Priced Right....Great Location

Lowest Asking Price per Door in many years.

Its all about Location, Location, Location. This is a well established hotel known as Thurman's Lodge. This non-flagged, independent 39 room economy hotel, actually has 3 additional rooms that are currently used as storage, according to the owner, making this potentially a 42 room hotel or potential conversion to efficiency short or medium term rentals. It is situated on 4.04 acres, with a majority of it currently undeveloped. The property featurers a large outdoor pool and plenty of parking. It is on a prime spot along Hwy 62, next to Arvest Bank and across the street from McDonalds, with a traffic count of approximately 9,000 cars per day according to ARDot.  Owner is ready to move on.

This is a turnkey hotel & business with all furnishings and equipment to remain, although a new buyer may want to upgrade. 

The furnishings have a good distribution of Kings, Queens and Doubles along with 2 King Jaccuzzi Suites. The ADR & Occupany is currently well below market with significant upside if repositioned and/or upgraded.  

Contact Listing Broker to schedule showing.  

All Offers Must Be Subject to Probate Court Approval.