Economy Hotel - Okmulgee

918 S. Wood Dr , Okmulgee, OK 74447

  • For Sale $350,000
  • Property Type Other
  • Units 15
  • Additional Rent Contact for pricing
  • Date Updated Jan 3, 2025

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Okmulgee totaling 14 guestrooms. The property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire an economy hotel with existing in-place cash flow.


DISCOUNT TO REPLACEMENT COST

Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects.. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.

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Highlights

  • Unencumbered of Debt and Management
  • Discount to Replace Cost

Contacts

broker
Jeremy Cabe

Avison Young - US - GA - Atlanta

broker
Christopher Kilcullen

Avison Young

broker
Keith Thompson

Avison Young

broker
Matt Wilkins

Avison Young - US - GA - Atlanta

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent

  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Okmulgee, OK
  • Zip Code 74447
  • Market Tulsa

Points of Interest

  • Murphy USA

    0.64 miles

  • Creek Nation Travel Plaza

    2.30 miles

  • Valero

    6.93 miles

  • Southwest Parking Lot

    1.38 miles

  • Preferred Parking

    1.41 miles

  • West Parking Lot

    1.48 miles

  • Southeast Parking Lot

    1.49 miles

  • South Central Parking Lot

    1.56 miles

  • North Central Parking Lot

    1.64 miles

  • East Parking Lot

    1.72 miles

  • North Parking Lot

    1.79 miles

  • College of the Muscogee Nation

    2.07 miles

  • Days Inn by Wyndham Okmulgee

    0.29 miles

  • Holiday Inn Express & Suites Okmulgee

    2.09 miles

  • Best Western Okmulgee

    2.68 miles

  • McDonald's

    0.37 miles

  • Arby's

    0.59 miles

  • DQ Grill & Chill

    0.62 miles

  • Subway

    0.73 miles

  • Burger King

    2.29 miles

  • Emerson School

    0.15 miles

  • Marian Academy

    0.62 miles

  • Banneker Kindergarten

    0.88 miles

  • Okmulgee High School

    1.17 miles

  • Okmulgee Middle School Main Building

    1.28 miles

  • Okmulgee Middle School

    1.31 miles

  • Roosevelt School

    1.37 miles

  • Westside Elementary School

    1.39 miles

  • Wilson School

    1.55 miles

  • Oklahoma State University Institute of Technology

    1.69 miles

  • MCN Child Development Center

    1.98 miles

  • Head Start

    2.15 miles

Frequently Asked Questions

How much does Economy Hotel - Okmulgee cost?

The space currently listed for sale at Economy Hotel - Okmulgee asks for $350,000.

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