215 Laird St Mooreland, OK 73852
This exceptional investment opportunity in Mooreland, Oklahoma, presents a 13-unit motel ideally situated on a 0.24-acre corner lot along a busy state highway. The property includes a spacious two-bedroom apartment, offering on-site living or additional rental income. A second, two-bedroom house provides further income potential, whether used for long-term rentals or guest accommodations. A substantial storage building and a separate office or studio apartment add to the diverse revenue streams. The motel's 13 units are ready for renovation and updating to maximize rental income through short-term rentals, overnight stays, or long-term leases. The property's prime location and multiple income-generating components offer significant potential for growth and return on investment. This is a rare chance to acquire a well-positioned motel business with substantial additional income-producing assets, presenting a unique opportunity for both seasoned investors and newcomers to the hospitality sector. The asking price is $145,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.