Motel with Kitchenette
For Sale
$2,999,000
321 N Mustang Road, Yukon, OK 73099
Residential Income, Yukon, OK
Property Size29,105 SF
Lot Size2.85 Acres
Price / SF$103.04
Days on Market93
Property Features for 321 N Mustang Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Lot features
Corner Lot
Elementary school
Mustang Creek ES
Middle school
Mustang Central MS
High school
Mustang HS
Elementary school district
Mustang
Middle school district
Mustang
High school district
Mustang
Directions
I-40 - Exit on Yukon Parkway/ Mustang Rd. Property is on the NW Corner.
Standard status
Active
APN
321NMustang73099
Size
29,105 SF
Lot size
2.85 Acres
Amenities
outdoor pool
Building Details
Year built
1985
Floors in Building
2
Building materials
Concrete
Roof type
Composition
Listing Agency:
Solas Real Estate LLC
(405) 451-0000
Listed By:
Richard Bean
(405) 664-1646
Added: Jul 6
Changed: Oct 2
Last Checked: Oct 6 at 7:06PM
MLS# 1238053
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 79-unit motel in Yukon includes 56 standard guest rooms and 23 suites with kitchenettes. The 29,105-square-foot property was built in 1985 and sits on 2.85 acres. An open lobby layout can support breakfast service, while an outdoor pool and on-site parking serve guests. The motel operates as America's Best Value Inn, part of the Sonesta brand family.
The property occupies a corner at Interstate 40 and Mustang Road. Reported daily traffic estimates range from 66,000 to 79,000 vehicles on I-40 and approximately 18,000 to 19,000 on Mustang Road. The site is at 321 N Mustang Road, Yukon, OK 73099. The listing identifies room additions or a restaurant or retail building as possible future development, subject to zoning.
The property occupies a corner at Interstate 40 and Mustang Road. Reported daily traffic estimates range from 66,000 to 79,000 vehicles on I-40 and approximately 18,000 to 19,000 on Mustang Road. The site is at 321 N Mustang Road, Yukon, OK 73099. The listing identifies room additions or a restaurant or retail building as possible future development, subject to zoning.
Key Highlights
- 79 guest units: 56 standard rooms and 23 kitchenette suites
- 2.85‑acre site with a 29,105‑square‑foot motel
- At the corner of I‑40 and Mustang Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$218,986
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,379,720
$4.4M
Cap Rate 7%
$3,128,371
$3.1M
Cap Rate 9%
$2,433,178
$2.4M
Market Conditions
NOI Build-Up for 29,105 SF
Gross rent
$523.9K $18.00/SF
− Vacancy
−$62.9K −$2.16/SF
EGI
$461.0K $15.84/SF
− OpEx
−$242.0K −$8.32/SF
NOI
$219.0K $7.52/SF
Area
Canadian County, OK
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,379,720
Cap Rate 7%
$3,128,371
Cap Rate 9%
$2,433,178
Alternative Uses
Best Use
Hotel Hospitality
$3.13M
$2.74M – $3.65M
NOI $218,986 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.34M
$5.55M – $7.39M
NOI $443,613 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73099, OK
83,213
Population
32,654
Households
2.5
Avg Household Size
35
Median Age
35%
College-Educated
94%
High-School Grad
124.7 sq mi
ZIP Area
667
Density / Sq Mi
$86,198
Median Household Income
$46,490
Median Earnings
$1,255
Median Rent
$229,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- Best Western Plus — 11440 i-40 service rd, yukon, ok 73099
- Best Western Plus Oklahoma City Yukon — 11440 I-40 Service Rd, Yukon, OK 73099
- Home2 Suites by Hilton — 11510 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
Frequently Asked Questions
What type of property is this?
Motel - An open lobby, outdoor pool and on-site parking complement a mix of guest rooms and kitchenette-equipped suites.
Where is this motel located?
The property is located at 321 N Mustang Road Yukon, OK.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 79 guest units: 56 standard rooms and 23 kitchenette suites; 2.85‑acre site with a 29,105‑square‑foot motel; At the corner of I‑40 and Mustang Road
