321 N Mustang Road, Yukon, OK 73099
MULTI_FAMILY - Yukon, OK
- Added:
- Jul 6, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 6 at 6:06 pm
Property Features for 321 N Mustang Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 321NMustang73099
- Size
- 29,105 SF
- Lot size
- 2.85 Acres
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Building materials
- Concrete
- Roof type
- Composition
Listing agent Richard Bean (405) 664-1646
Listing office Solas Real Estate LLC 20 NW 13TH, Oklahoma City, OK (405) 451-0000
Listing date Jul 6, 2026
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.
HighLights
- 79‑unit motel on 2.85 acres, operating under the Sonesta Brand Family (America's Best Value Inn)
- Highly visible corner location at I‑40 and Mustang Road with estimated traffic counts of 66,000–79,000 vehicles/day on I‑40
- 2.85‑acre site includes 56 standard guest rooms and 23 suites with kitchenettes for short‑term and extended stays
- Outdoor pool plus ample on‑site parking
- Open lobby layout offers room to implement or expand breakfast service
- Potential for expansion on‑site, including additional guest units or development of a restaurant/retail building (subject to zoning)
Overview
Located on 2.85 acres at a highly visible corner of Interstate 40 and Mustang Road, the site is presented with strong access and exposure. Public remarks cite estimated I-40 traffic counts in the 66,000 to 79,000 vehicles per day range, with Mustang Road at approximately 18,000 to 19,000 vehicles per day.
For prospective tenants, owners, or operators, the mix of standard rooms and kitchenette suites can accommodate multiple guest preferences without reconfiguration. The property’s land size also creates practical room for future additions or complementary development, such as additional guest units or a restaurant or retail component, subject to zoning. The offering is presented for sale and will consider all offers.
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 |
Alternative Uses
Current Use by Public Records
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Yukon
- County
- Canadian
- State
- Oklahoma
- Longitude
- -97.725588
- Latitude
- 35.47022