1200 10Th StClinton, OK 73601

Property Details for 1200 10Th St

Year built

1980

Lot size

3.15 AC

Property size (Sq ft)

20,736 SF

Property type

Motels

APN

1320-00-000-000-0-013-50

APU

132000000000001350

Description

This 105-unit Days Inn in Clinton, Oklahoma, presents a compelling investment opportunity. Boasting 52,500 square feet, this two-story hotel with exterior corridors was built in 1972 and features an on-site restaurant and ample parking. Conveniently located with direct access to Interstate 40, midway between Oklahoma City and Amarillo, it benefits from high traffic volume. The property enjoys strong revenue generation, with trailing 12-month revenue exceeding $460,000. Priced at $1,500,000 ($14,286 per key and $28.57 per square foot), this property offers significant potential. Clinton's attractions, including a new indoor waterpark, zoo, Route 66 Museum, and casinos, further enhance its appeal. The C-3 zoning allows for versatile future use. This is a rare chance to acquire a well-established hospitality asset in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,479,686

  6.5%

  $3,212,018

  7%

  $2,982,588

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,863,146

  Geo Method

  $5,863,146

• Alternative Use

  Use

  Valuation

  Residential

  $3,506,590

  Hospitality

  $3,212,018

  Educational

  $2,672,361

  Medical

  $2,764,268

  Retail

  $4,157,006

Location Insight

City

Clinton

County

Custer

State

Oklahoma

Latitude

35.5014

Longitude

-98.9755

CBSA code

48220

CBSA name

WEATHERFORD, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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