Historic VICTOR BLOCK Guthrie, OK
“THIS IS THE BOARDWALK Property of Guthrie!”
Fantastic four-story, Historic landmark building. This is one of the best buildings on one of the best corners in the Historic District. $3.2 million has been invested in the property over the past 20 years so the building is extremely viable, and your investment is well protected.
- Solid 4-story Brick Building in the Guthrie Downtown Historic District
- 33,000 square feet
- Two Commercial Kitchens
- Thirteen Hotel Suites
- Top Rate Retail Space
- Lots of Exposed Stone Walls & Wood Flooring
Financial Overview
Equity
Property Value:
$3,300,000
Current Note:
$ 760,000*
Equity:
$2,540,000
* This note will be paid off at closing. Placing lender in first position.
Building specs
Square Feet:
33,000
Floors:
4
Features:
> Grand Ballroom
(Voted #1 Ballroom in state in 2012)
> 13 Hotel Suites> Premium Retail Space
> Meeting Space
> Second Ballroom
> Two commercial Kitchens
> Otis Elevator
> Across Street from Largest Downtown Parking Lot
Investment
Loan Amount:
$2,475,000
Rate of Return:
7.5%
Loan-To-Value
75%
Please read our disclaimer on the home page.
All investments come with risks so seek wise council.
All measurements listed are more or less.
All values are estimates to the best of our knowledge based on our research, always do your own.
All specifications, terms and offers are subject to change without notice.