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    FOR SALE
    Motels

    1601 NW Cache Rd, Lawton, OK 73507

    2,352 SF 0.48 ac lot Built 1945
    Individually Owned Free & Clear
    Property ID
    US69-2421462
    Property summary
    AI-generated overview

    This fully equipped, 30-unit motel in Lawton, Oklahoma, presents a compelling redevelopment opportunity. Situated on a 0.48-acre lot at the hard corner of NW 16th and NW Cache Rd, just west of I-44, this C-class property boasts 9,048 square feet across two, two-story buildings. Built in 1945, the property features 31 beds and 33 keys, currently operating at 50% occupancy. The asking price is $625,000 ($69.08/sq ft). The property includes commercial signage, a slab porch with a roof, and ample private parking. Its prime location benefits from high traffic counts and proximity to established businesses such as Hibdon Tires, Wendy's, Budget Inn, Jeff's Key & Safe Shop, Junction Restaurant, and Sanders Hardware. The property is zoned C-5, offering flexibility for redevelopment. This opportunistic investment is for sale by owner and presents significant potential for increased profitability and return. The APN is 160044363.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 1945
    Total area 2,352 SF
    Lot 0.48 ac (21,120 SF)
    APN 44363
    UPID US69-2421462
    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
    • Ranch Motel Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
    by Request
    Owner & transaction history
    SUK C HARVIE
    SUK C HARVIE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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