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Property profile & analytics

1701 Park Dr Broken Bow, OK 74728-6108

  • Hotels
  • 8,637 SF
  • 4.87 lot acres
OFF-MARKET
Value Estimation
$1,855,000
Last Sale
Mar 04, 2025
$1,950,000
Location Intelligence
Property ID
US69-1891344
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Microtel Inn & Suites by Wyndham Broken Bow / Hotel / Inn

Property Details for 1701 Park Dr

Year built
1997
Lot size
4.87 lot acres
Property size
8,637 SF
Property type
Hotels
APN
2199-30-06S-25E-2-002-00
APU
21993006S25E200200

Description

This exceptional 43-unit hotel in Broken Bow, Oklahoma presents a lucrative investment opportunity. The two-story, interior corridor property boasts a convenient location on nearly five acres of land along the main highway, directly across from a travel center and in close proximity to two casinos. The hotel features an array of amenities designed to enhance guest comfort and satisfaction, including a breakfast room, an inviting outdoor pool, a guest laundry facility, and ample parking for trucks and RVs. This prime location also benefits from its proximity to popular boating and fishing destinations, attracting a steady stream of tourists and leisure travelers. The asking price for this established hospitality business is $2,750,000. The property's strong location, coupled with its existing amenities and high occupancy potential, makes it an ideal acquisition for investors seeking a profitable venture in the thriving Broken Bow tourism market. The property is situated at 1701 S Park Dr, Broken Bow, OK 74728, in McCurtain County. This is a one-building property with a total of 43 keys. The property's address is easily accessible from the main highway, ensuring high visibility and convenient access for guests. This represents a rare chance to own a well-established hotel in a rapidly growing area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,815,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,930,000
    6.5%
    $1,815,000
    7%
    $1,830,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,795,000
    Geo Method
    $2,045,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,800,000
    Retail
    $1,775,000
    Mixed-Use
    $2,100,000
    Hospitality
    $2,285,000
    Educational
    $2,410,000
    Residential Income
    $1,875,000
    Energy
    $1,780,000
    Income-Based Land
    $2,400,000
    Food Service
    $2,105,000

Location Insight

  • Map
  • Local Demand
City
Broken Bow
County
Mccurtain
State
Oklahoma
Longitude
-94.7377
Latitude
34.0049

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,943
$19,800
$52,675
$72,475
-
$180,000
$478,865
$658,865
More about this property
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