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Days Inn for sale in McAlester Oklahoma


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Days Inn for Sale
McAlester, Oklahoma
Price Reduced

70 units, excellent property, built in Jan. 2009 as an independent, as of Sept. 2009, it became Days Inn.

The hotel is situated on a busy Hwy 69, the highway runs between Texas and Nebraska.

Asking Reduced to: $4,500,000

  • 2009 - over a Million in revenues
  • Strong Revenues in 2010 (even in the slow economy)
  • Excellent business opportunity

Property Ins.: $21,000/yr.
Property Taxes: $21,715/yr.

ADR: $75.00
Occupancy: 76%

Room Breakdown:
33 Double Beds - Queen
37 Single Beds - King

McAlester Summary Statistics: Estimated Household Average Income $36,480 Average age 39.4 Average Travel Time to Work 14.8 Occupied Housing Units 89.3

Population by Race: White 13,976 Black or African American, 1,695 Native American 2,499 Hispanic 125 Other 301

Unemployment Rate: Oklahoma 4.2% Pittsburg County 4.1% McAlester 4.3% National 5.2%

Employed: Civilian 16 years & Over, Management, professional & related 31.1% Service Occupation 22.2% Sales & Office Occupations 25% Farming, Fishing, Forestry 0.4% Construction, Extraction, maintenance 8.6% Production, transportation, material moving 12.6%

 

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