23
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$2,120,000
Est. payment /mo
40 Beds
40 Baths
Active
2715 W. Garriott Rd. Enid, OK 73703
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11685621
Style Hotel
Bedrooms 40
Full Baths 40
Property Description
High-Traffic Motel Investment Opportunity The Super 8 by Wyndham Enid presents an exceptional opportunity for hospitality investors seeking strong visibility, reliable income, and expansion potential. Positioned directly along U.S. Highway 412, one of Oklahoma's primary cross-state travel corridors, this property benefits from constant vehicle traffic and outstanding roadside exposure. Highway 412 runs directly through Enid, making this location highly convenient for travelers, contractors, and visitors to the area. Property Highlights • 37 guest rooms currently operating • Ability to convert back to 40 rooms • Super 8 franchise included with sale • Strong consistent monthly income • Regular sellouts during local events • Popular with traveling work crews Major Recent Improvements Ownership has invested approximately $80,000 in upgrades, including: • New roof (only 3 months old) • Exterior repaint (2 years ago) • Newly added breakfast area • Remodeled lobby • New flooring in laundry room • New ice machine • New commercial dryer Owner/Manager Living Quarters The property includes a spacious two-level owner residence featuring: • 4 bedrooms • 3 bathrooms • Full upstairs and downstairs living areas This comfortable living space can remain as on-site management housing or be converted back into guest rooms, increasing the total room count to 40 rooms. Expansion Potential Additional raw land included with the property creates an outstanding opportunity to increase revenue by adding approximately 18-20 RV hookups, capturing the growing RV travel market along Highway 412. Location Advantage Located on W. Garriott Road, the primary commercial corridor in Enid, the property is surrounded by restaurants, shopping centers, and entertainment venues. This strategic placement ensures high visibility, easy access, and a steady flow of guests. With its brand recognition, excellent highway frontage, recent capital improvements, and expansion potential, this property offers multiple avenues for increasing profitability-including continued motel operation, apartment conversion, Airbnb-style accommodations, or RV park expansion.
Location
State OK
County 40047
Rooms
Dining Room 0
Kitchen 0
Interior
Laundry 1
Building
Structure Type Masonry - Concrete Block
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