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    215 Laird St Mooreland, OK 73852

    For Sale
    $145,000

    13-Unit Motel, Multiple Income Streams

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity in Mooreland, Oklahoma, presents a 13-unit motel ideally situated on a 0.24-acre corner lot along a busy state highway. The property includes a spacious two-bedroom apartment, offering on-site living or additional rental income. A second, two-bedroom house provides further income potential, whether used for long-term rentals or guest accommodations. A substantial storage building and a separate office or studio apartment add to the diverse revenue streams. The motel's 13 units are ready for renovation and updating to maximize rental income through short-term rentals, overnight stays, or long-term leases. The property's prime location and multiple income-generating components offer significant potential for growth and return on investment. This is a rare chance to acquire a well-positioned motel business with substantial additional income-producing assets, presenting a unique opportunity for both seasoned investors and newcomers to the hospitality sector. The asking price is $145,000.

    Property Features for 215 Laird St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,454 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mooreland
    County
    Woodward
    State
    Oklahoma
    Longitude
    -99.20711
    Latitude
    36.43557

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 13-Unit Motel, Multiple Income Streams
    Where is this commercial real estate located?
    The property is located at 215 Laird St Mooreland, OK.
    What is the asking price?
    The asking price for this property is $145,000.
    (580) 273-9235
    Request Owner's contact information
    215 Laird St Mooreland, OK 73852
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    Mooreland, OK 73852
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 Laird St Mooreland, OK 73852
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