Building Details

Year Built 1964

Year Renovated 2019

Listing Agency: American Pride Realty

Listed By: Susan Yoder · License #Ok 149871 Show Phone

Source: Crexi

Added: Mar 28 Changed: Aug 14 Last Checked: Aug 31 at 9:07AM

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Investment Insights

Based on property information with market context.

Monterey Motel is a 16-room motel that is fully occupied and currently generating steady income. The property also includes 10 RV spots and four tiny homes, expanding the ways the site can be used and operated. In addition, there is a restaurant building on-site that is leased, providing an extra source of income.

The property is located right off Hwy 69 in Mayes County, in Chouteau, OK. It is described as approximately 5 minutes from MidAmerica Industrial Park and Google, and about 30 minutes from Tulsa.

The site sits on 5.7 acres, offering room to support continued development or additional improvements. 2025 property taxes are listed as $4,843.

Key Highlights

• 1964‑built property operating as a fully occupied 16‑room motel in Chouteau, OK
• On 5.7 acres, with 10 RV spots and 4 tiny homes for additional lodging income
• Includes an on‑site restaurant building that is already leased

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

172

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 74337, OK

4,671

Population

2,019

Households

2.3

Avg Household Size

40

Median Age

16%

College-Educated

86%

High-School Grad

96.3 sq mi

ZIP Area

49

Density / Sq Mi

$58,750

Median Household Income

$36,591

Median Earnings

$774

Median Rent

$161,000

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this motels located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Monterey Motel — 400 S Chouteau Ave, Chouteau, OK 74337

Frequently Asked Questions

What type of property is this?

Motel - Fully occupied 16-room motel with 10 RV spots and four tiny homes plus a leased on-site restaurant building.

Where is this motel located?

The property is located at 400 S Chouteau Ave Chouteau, OK.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: 1964‑built property operating as a fully occupied 16‑room motel in Chouteau, OK; On 5.7 acres, with 10 RV spots and 4 tiny homes for additional lodging income; Includes an on‑site restaurant building that is already leased