Current Use by Public Records
- Commercial real estate
Property Details for 215 Laird St
- Lot size
- 0.24 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mooreland
- County
- Woodward
- State
- Oklahoma
- Longitude
- -99.2071
- Latitude
- 36.4356
