1700 Cherokee Ave Sallisaw, OK 74955
- Motels
- 13,800 SF
- 0.93 lot acres
Current Use by Public Records
- Blue Jay Inn and Suites / Hotel
- Americas Best Value Inn Sallisaw / Hotel / Indoor Lodging
Property Details for 1700 Cherokee Ave
- Year built
- 1987
- Lot size
- 0.93 lot acres
- Property size
- 13,800 SF
- Property type
- Motels
- Property subtype
- Hotels
- APN
- 0000-06-011-024-0-079-00
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sallisaw
- County
- Sequoyah
- State
- Oklahoma
- Longitude
- -94.809014200736
- Latitude
- 35.460387495352
