Americas Best Value Inn - Elk City, OK Listing Details & Market Data

Situated off the interstate 40 located in the panhandle - 30 miles of Oklahoma/Texas border.NewGen Advisory is pleased to announce for sale the Americas Best Value Inn of Elk City, Oklahoma. It is located within the Oklahoma/Texas panhandle off the interstate 40 in a highly desirable energy/gas corridor and is priced below replacement cost at $16,946 per key. This 2 story, 56 unit exterior corridor is situated on 3.1 acres. Additionally, it consists of 2 onsite manager living quarters with a fully leased out restaurant, bar and lounge that provides additional revenue. This offering presents an ideal opportunity for an owner operator to potentially benefit by rebranding the property to increase RevPar and poised to take advantage of the demand for oil and gas in the area as the market continues to surge.