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Property profile & analytics
OFF-MARKET
Motels

1700 Cherokee Ave Sallisaw, OK 74955

13,800 SF 0.93 ac lot Built 1987
Property ID
US69-1582740
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Motels
Year built 1987
Total area 13,800 SF
Lot 0.93 ac (40,511 SF)
APN 0000-06-011-024-0-079-00
UPID US69-1582740
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
  • Blue Jay Inn and Suites Hotel & Motel
  • Americas Best Value Inn Sallisaw Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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