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Property profile & analytics
OFF-MARKET
Hospitality properties

901 Garfield Ave Kiowa, OK 74553

30,000 SF 0.86 ac lot Built 2008
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the HiWay Inn Express of Kiowa, a thriving 41-room motel ideally situated in Pittsburg County, Oklahoma. Built in 2008, this two-story, exterior-corridor property boasts a substantial 30,000 square feet on a 0.86-acre lot. The motel features a convenient 24-hour front desk, ensuring guest comfort and ease of access. Each of the 41 guest rooms is equipped with modern amenities including a coffee machine, flat-screen TV, refrigerator, and microwave. The property also includes a separate 3-room living quarters, offering additional space for management or staff. Located at 901 Garfield Ave, Kiowa, OK 74553, this motel benefits from its strategic location on US Highway 69 at the intersection of State Highway 63, ensuring high visibility and accessibility. The asking price for this turnkey operation is $1,600,000. This represents a significant opportunity for investors seeking a proven, established hospitality business in a desirable location. The proximity to Eaker Field Airport, approximately 61 miles away, further enhances its appeal to a broad range of travelers. This well-maintained motel offers immediate income potential and strong long-term growth prospects.

Property profile
Verified
Property type Hospitality properties
Year built 2008
Total area 30,000 SF
Lot 0.86 ac (37,462 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Super 8 by Wyndham Kiowa Hotel & Motel
  • HiWay Inn Express of Kiowa Hwy 69 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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