1700 Cherokee Ave Sallisaw, OK 74955
This exceptional 33-key hotel, the Blue Jay Inn and Suites, presents a compelling investment opportunity in Sallisaw, Oklahoma. Boasting 13,800 square feet on a 0.93-acre lot, this two-story property, built in 1987 (APN: 0000-06-011-024-0-079-00), features exterior corridors and has recently undergone a complete renovation. Strategically located just off Interstate 40, it benefits from high visibility and easy access. The asking price is $925,000, translating to $67.03 per square foot and $28,030 per key. The property includes a sizable on-site manager's quarters. Its location in Sallisaw offers proximity to a thriving economy and a welcoming community, while also being less than 1.5 hours from Tulsa. The Blue Jay Inn and Suites presents significant potential for an owner-operator, with branding opportunities and the possibility of conversion to other uses. This is a rare chance to acquire a fully renovated, well-positioned hotel in a growing market. The property's address is 1700 W Cherokee Ave, Sallisaw, OK 74955.
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Blue Jay Inn and Suites Hotel & Motel
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Americas Best Value Inn Sallisaw Hotel & Motel
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
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Property description
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No recorded transactions found for this property.
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