513 C0Bb Apache, OK 73006

Property Details for 513 C0Bb

Year built

1970

Lot size

0.87 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a thriving hotel/motel in Apache, OK, situated on a 0.87-acre lot. The property boasts ten rooms with kitchenettes, each commanding a monthly rent of $850. Five additional rooms generate income at a nightly rate of $65. The substantial income stream is further enhanced by comfortable owner's quarters, complete with two bedrooms, a living room featuring a fireplace, and a well-equipped kitchen including a pantry. Significant added value comes from the extensive outbuildings. These include a large 28x48-foot metal shop, equipped with overhead and walk-in doors and a concrete floor, perfect for storage or workshop use. There's also a 19x20-foot shop with two overhead doors and a 10x12-foot metal storage building. The main building offers considerable potential for expansion, with ample space to add a restaurant, further increasing revenue streams. The property is offered at $750,000. Please note that the owner is reserving certain personal items and two smaller metal sheds. This is a turnkey operation with proven profitability and significant upside potential. The property's year-round occupancy ensures a consistent and reliable income stream, making it an attractive investment for discerning buyers.