79-Unit Motel with
321 N Mustang Rd Yukon, OK 73099
321 N Mustang Rd, Yukon, OK, 73099
Contact for pricing
For Sale
Contact for pricing
Multi-unit motel with an outdoor pool, featuring 56 guest rooms and 23 suites with kitchenettes.
Property Size29,105 SF
Price / SF$120.25
Days on Market118
Property Features for 321 N Mustang Rd
General Information
- Standard status
- Active
- Size
- 29,105 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1985
Listing agency
SOLAS REAL ESTATE
(405) 513-1299
Listed by
Ryan Motsinger · License #OK 174636
Source
Crexi
Added: Mar 26 Updated: Jul 21 at 3:11AM Checked: Jul 21 at 3:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SOLAS REAL ESTATE
Investment Insights
Based on property information with market context.
This 79-unit motel operating as an America’s Best Value Inn within the Sonesta brand family includes 56 standard guest rooms and 23 suites with kitchenettes. The property’s open lobby layout offers the opportunity to implement or expand breakfast service. Outdoor amenities include an on-site pool, along with ample parking for guests.
The motel is situated on 2.85 acres at a highly visible corner along Interstate 40 and Mustang Road in Yukon, Oklahoma. The property’s location is supported by estimated traffic volumes on I-40 and Mustang Road, providing strong drive-by exposure.
The substantial land area provides space to consider future expansion or complementary development, subject to zoning.
The motel is situated on 2.85 acres at a highly visible corner along Interstate 40 and Mustang Road in Yukon, Oklahoma. The property’s location is supported by estimated traffic volumes on I-40 and Mustang Road, providing strong drive-by exposure.
The substantial land area provides space to consider future expansion or complementary development, subject to zoning.
Key Highlights
- 79‑unit motel built in 1985, including 56 standard guest rooms and 23 suites with kitchenettes
- On 2.85 acres at the highly visible corner of I‑40 and Mustang Road, with estimated I‑40 traffic counts of 66,000–79,000 vehicles/day
- Mustang Road traffic estimated at approximately 18,000–19,000 vehicles/day, supporting strong roadside exposure
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $523.9k | $18.00 |
| − Vacancy | −$62.9k | −$2.16 |
| EGI | $461.0k | $15.84 |
| − OpEx | −$242.0k | −$8.32 |
| NOI | $219.0k | $7.52 |
29,105 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$3.13M
$2.74M – $3.65M
NOI $218,986 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.34M
$5.55M – $7.39M
NOI $443,613 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Americas Best Value ...
Hotel & Motel
Similar For Sale Nearby
Similar Off Market Nearby
- Home2 Suites by Hilton — 11510 i-40 service rd, yukon, ok 73099
- Best Western Plus — 11440 i-40 service rd, yukon, ok 73099
- La Quinta Inn & Suites by Wyndham Oklahoma City -Yukon — 11500 I-40 Service Rd, Yukon, OK 73099
- Home2 Suites By Hilton Oklahoma City Yukon — 11510 I-40 Service Rd, Yukon, OK 73099
- Best Western Plus Oklahoma City Yukon — 11440 I-40 Service Rd, Yukon, OK 73099
FAQs
What type of property is this?
Motel - Multi-unit motel with an outdoor pool, featuring 56 guest rooms and 23 suites with kitchenettes.
Where is this motel located?
The property is located at 321 N Mustang Rd Yukon, OK.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 79‑unit motel built in 1985, including 56 standard guest rooms and 23 suites with kitchenettes; On 2.85 acres at the highly visible corner of I‑40 and Mustang Road, with estimated I‑40 traffic counts of 66,000–79,000 vehicles/day; Mustang Road traffic estimated at approximately 18,000–19,000 vehicles/day, supporting strong roadside exposure
