SVN is pleased to offer the Skyline Motel property subject to cash to new loan

Location Description:

Bartlesville is a city mostly in Washington County in the U.S. state of Oklahoma. The population was 35,750 at the 2010 census, with a 2015 estimate of 36,595 according to the US Census Bureau.[3] Bartlesville is 47 miles (76 km) north of Tulsa and 18 miles (29 km) from Oklahoma's northern border with Kansas. It is the county seat of Washington County.[4] The Caney River runs through Bartlesville.

Bartlesville is the primary city of the Bartlesville Micropolitan area, which consists of Washington County and has a population of 52,021 as of 2015. Bartlesville Micropolitan area is also part of the Tulsa Combined Statistical Area with a population of 1,151,172 as of 2015.

Bartlesville is notable as the longtime home of Phillips Petroleum Company. The company merged with Conoco as ConocoPhillips and later split into the two independent companies Phillips 66 and ConocoPhillips. Both companies have retained some operations in Bartlesville; however, they have moved their corporate headquarters to Houston. Frank Phillips founded Phillips Petroleum in Bartlesville in 1905 when the area was still Indian Territory.

Highlights:

>> Great Location

>> Strong Upside Potential

>> Excellent Visibility

>> Expansion Potential

>> Development Potential

>> High CAP Rate

>> Exceptional Investment Opportunity

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