706 Kerr Blvd Sallisaw, OK 74955-7219
This exceptional 83-key hotel, The Blue Ribbon Inn & Suites, presents a lucrative investment opportunity in Sallisaw, Oklahoma. Boasting 25,743 square feet across two two-story buildings on a 2-acre lot, this established property features 70 rentable rooms, each equipped with air conditioning, flat-screen TVs, refrigerators, microwaves, and coffee/tea makers. Amenities include indoor and outdoor pools, complimentary breakfast, and versatile meeting rooms, catering to a diverse clientele. Strategically located near major highways and directly across from a Cherokee Nation casino (lacking its own hotel), the property benefits from high visibility and convenient access. Further enhancing its appeal, the hotel is situated near the Sequoyah National Wildlife Refuge, attracting leisure travelers. The surrounding area is experiencing significant growth, fueled by a new VA housing facility and processing plant, promising increased occupancy rates and strong future returns. Built in 1984, this property offers immediate income generation and substantial upside potential for savvy investors seeking a foothold in a thriving Oklahoma market. The property's proximity to key attractions and the burgeoning local economy makes it an ideal investment for those seeking a strong return on investment.
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The Blue Ribbon Inn Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.