for sale
Sleep Inn & Suites (Blackwell I-35)
4530 W White Ave | Blackwell, OK 74631
Investment Highlights
- 68 units, 3 story, interior corridor
- Offered at $42, 647 / key
- Consistent revenue generation
- Well located directly off Interstate 35
- Located 1 hour from three major cities (OKC, Tulsa & Wichita)
- Financing available for qualified buyers
Property Description
The Sleep Inn & Suites (Blackwell I-35) – Blackwell, OK, presents a compelling investment opportunity, boasting 68 well-appointed units. Offered at an attractive price of $42,647 per key, this property stands out with its consistent revenue generation, further underscored by a pricing multiple of just 3.9 times its trailing twelve month revenue. This favorable valuation, combined with the hotel’s solid operational performance, positions it as an appealing asset for investors seeking a stable and profitable venture in the hospitality sector, particularly within a market like Blackwell that benefits from its I-35 location and local economic activity.
Location Description
Blackwell, Oklahoma, presents a compelling opportunity for shrewd investors seeking a low-cost entry point into a community primed for growth. Blackwell, strategically positioned near Interstate 35, boasts access to the Land Rush Rail Corporation (a Farmrail operated short line with BNSF connection). The Land Rush Rail Corporation serves as the backbone of a strong transportation infrastructure for distribution and logistics. Additionally, the Blackwell Economic Development Authority actively champions business expansion, providing enticing local incentives such as build-to-suit options, New Market Tax Credits, and Tax Increment Financing.
Several sites within and near the industrial park qualify for federal Opportunity Zone benefits, amplifying potential returns. While residential real estate currently shows lower median home values, this can translate to affordable housing for a burgeoning workforce, and the rental market is experiencing a hot trend with increasing demand. With ongoing state-level investments in rural road and bridge improvements, and a local commitment to infrastructure upgrades, Blackwell is not merely resting on its agricultural and industrial heritage but is actively cultivating a future ripe for development in target industries like renewable energy, manufacturing, agriculture, and distribution.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com
Kevin Bleier
Associate
CA #02225168
(805) 500-2155
kbleier@newgenadv.com
BROKER OF RECORD
Richard Queen
NewGen Advisory OK, LLC
OK #158530






