Originally built in the 1920s for oil field workers during the boom, this property was built by Mr. Jameson gaining the name, "Jameson Hotel." It served as housing for those employed in the oil industry. In 1930s, purchased and renamed, "Richardson Hotel," until 1950. In 1951, it was purchased, renamed "the Burbank Hotel." The current owner envisions turning it back into a bed-and-breakfast-style property eventually. Be sure to ask about their findings on preserving it as a historical site. This unique historical property is ready for a new beginning. The structure is reportedly in good condition; the bones are sound, electricity is functional, and propane service, while not currently set up, is available in most rooms. Over the years, some windows have been replaced, while others still need repair. The property has a generous layout with approximately 3,000 square feet on both the first and second floors. It is currently occupied, so time will be needed for the relocation upon sale. Some flooring remains solid and could be polished up to shine again. There are holes throughout the home in the ceilings, floors, and walls; however, the roof appears to be in good condition and is holding up against water, per owner. This property is being sold "AS IS, WHERE IS" requiring a cash or construction loan. An agent must show the property, and entry is at your own risk. No assignments on this property.
Burbank is located in Oklahoma. Burbank, Oklahoma has a population of 121. Burbank is less family-centric than the surrounding county with 12.12% of the households containing married families with children. The county average for households married with children is 26.41%.
The median household income in Burbank, Oklahoma is $52,917. The median household income for the surrounding county is $54,036 compared to the national median of $69,021. The median age of people living in Burbank is 37.8 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 38.1 inches per year, with 8.4 inches of snow per year.
