2Nd St Cyril, OK 73029
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 0 2Nd St
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional investment opportunity encompasses two established hospitality venues in Cyril, Oklahoma: the Huckleberry Extended Stay and the Budget Inn. Strategically located off Highway 277, these properties benefit from high visibility and proximity to retail businesses. The Huckleberry Extended Stay boasts approximately 140 feet of highway frontage, nine recently renovated rooms, a new roof (2018), updated paint and carpeting, and newly renovated manager's living quarters. Onsite laundry facilities cater to extended-stay guests, and a secure employee check-in system enhances safety. A prominent pylon sign and marquee ensure high visibility. Ample guest parking is available. The Budget Inn, also newly remodeled, features 18 rooms with updated carpeting, paint, furniture, and window units. The manager's quarters include a spacious 34 x 21 kitchen/living area. A guest laundry facility with updated door locks adds convenience. Both properties benefit from a high occupancy rate and are the only two hospitality venues in Cyril, making this a rare and lucrative investment opportunity. The asking price for this combined portfolio is $599,000. The total number of keys is 28.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cyril
- County
- Caddo
- State
- Oklahoma
- Longitude
- -98.201
- Latitude
- 34.8977
