2011 Broadway ST, Poteau, OK 74953
sale
$450,000
|
Other
Courtesy Of Keller Williams Platinum Realty
The Economy Inn is a 16-room motel positioned along busy Broadway Street in Poteau, Oklahoma one of the city s most active and visible commercial corridors. Within two miles, nine other hotels operate, forming a strong hospitality cluster that consistently attracts both travelers and long-term tenants.
Poteau is a growing regional community located about 40 minutes from Fort Smith, Arkansas. The motel, originally constructed in the 1970s 1980s, includes a two-bedroom manager s apartment, making it ideal for an owner-operator or on-site management. Its central location, steady traffic, and proximity to major businesses give it solid long-term potential.
Since 2020, the surrounding area has seen rapid development. Several new fast-food restaurants and retail establishments have opened nearby, each generating consistent traffic and strengthening Broadway Street s status as the main commercial artery of Poteau. This steady local growth supports strong demand for short- and extended-stay lodging.
The building is a sturdy structure representative of its construction era, with most rooms featuring window A/C units. Minor upgrades fresh paint, updated appliances, and exterior cleanup would greatly improve presentation and competitiveness. The property compares favorably to nearby American Inn, which maintains high occupancy with similar room styles.
The current owner, based in Dallas, Texas, has acquired several other motel properties and lacks the time to oversee daily operations at this location. With consistent attention and modest updates, this motel offers excellent potential for a new owner to capitalize on its visibility, traffic, and position within a growing market.
Poteau is a growing regional community located about 40 minutes from Fort Smith, Arkansas. The motel, originally constructed in the 1970s 1980s, includes a two-bedroom manager s apartment, making it ideal for an owner-operator or on-site management. Its central location, steady traffic, and proximity to major businesses give it solid long-term potential.
Since 2020, the surrounding area has seen rapid development. Several new fast-food restaurants and retail establishments have opened nearby, each generating consistent traffic and strengthening Broadway Street s status as the main commercial artery of Poteau. This steady local growth supports strong demand for short- and extended-stay lodging.
The building is a sturdy structure representative of its construction era, with most rooms featuring window A/C units. Minor upgrades fresh paint, updated appliances, and exterior cleanup would greatly improve presentation and competitiveness. The property compares favorably to nearby American Inn, which maintains high occupancy with similar room styles.
The current owner, based in Dallas, Texas, has acquired several other motel properties and lacks the time to oversee daily operations at this location. With consistent attention and modest updates, this motel offers excellent potential for a new owner to capitalize on its visibility, traffic, and position within a growing market.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Legal Description: POTEAU FORBES ADD BLK 3 N65 LOT 2 & S85 LOT 3 B1473 P202.
- MLSID: 1085224
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