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223 E. Oklahoma Ave
Guthrie, OK 73044
Asking Price
$550K
Asset Type
Motel Hospitality
Class
Class B
What's Special
Hospitality | 23 Keys <ul><li>One of only a limited number of motel properties located directly within downtown Guthrie's historic district.</li><li>23 guest rooms with significant upside through renovation and repositioning.</li><li>Prime location just steps from downtown festivals, shopping, dining, entertainment, and cultural attractions.</li><li>Offered at $550,000.00 OR $65.00 per square foot (mol) , representing an attractive basis compared to replacement cost.</li><li>Value-add opportunity for investors s
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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801
