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    Econo Lodge Multifamily Conversion Opportunity
    Updated: Apr 12
    Econo Lodge Multifamily Conversion Opportunity

    2515 E Broadway Street, Altus, OK 73521

    Contact for pricing
    64,875 sqft
    Strategic location near Altus Air Force Base, catering to approximately 2,000 Airmen undergoing training annually.
    General commercial zoning allows for immediate conversion to extended stay or multifamily units without zoning hearings.
    Large property size of 64,875 sq ft with all‑suite configuration.
    Features a 3,800 sq ft restaurant and bar with commercial kitchen and dining room.
    Includes 8,000 sq ft of versatile meeting space.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Altus, OK, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Room Inn with Manager's Quarters
    12-Room Inn with Manager's Quarters

    912 US 87, Tulia, TX 79088

    $299,000
    1.58 AC lot

    12-room inn with manager’s quarters, office space, and cellar on 1.58 acres served by public water and public sewer.

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    Full-Service Hotel with Conference Space
    Full-Service Hotel with Conference Space

    4300 SW 3rd St, Oklahoma City, OK 73108

    Contact for pricing

    Three-story Best Western Plus hotel with 220 exterior corridor rooms, on-site restaurant and lounge, and 7,755 sq. ft. of meeting space.

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    Boutique Hotel with On-Site Restaurant
    Boutique Hotel with On-Site Restaurant

    1235 Northwest 38th Street, Oklahoma City, OK 73118

    Contact for pricing

    Renovated boutique hotel with an on-site restaurant and patisserie, plus an adjacent duplex for added flexibility.

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    12-Room Brick Motel
    12-Room Brick Motel

    912 U.S. 87, Tulia, TX 79088

    $299,000

    Established lodging property with manager accommodations, office space, parking, and landscaped grounds.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Riverfront Commercial Land Available
    Prime Riverfront Commercial Land Available

    4001 SW 15th Street, Oklahoma City, OK 73108

    $1,198,000
    2.00 AC lot

    Corner lot zoned for diverse uses near river cruise dock.

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    Prime Development Land I-35 Frontage
    Prime Development Land I-35 Frontage

    4200 E I-35 Highway, Edmond, OK 73013

    $6,600,000
    79.00 AC lot

    79-acre development opportunity with I-35 frontage in Edmond, OK.

    View details
    Prime Woodward Commercial Land Opportunity
    Prime Woodward Commercial Land Opportunity

    1001 Main St, Woodward, OK 73801

    $75,000
    0.26 AC lot

    Visible corner lot on Woodward's Main Street, ready for development.

    View details
    Prime Highway Frontage Commercial Land
    Prime Highway Frontage Commercial Land

    4015 W Broadway, Ardmore, OK 73401

    $1,200,000
    13.42 AC lot

    13.42 acre commercial tract with high visibility.

    View details

    Off-Market Properties in Altus, OK

    Consider similar Off-Market properties in Altus, OK. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3601 Main St
    HOTEL

    3601 Main St, Altus, OK 73521-9202

    $1,020,000
    Estimated value
    53,100 sqft 2.48 AC lot
    View details
    2812 Broadway St
    HOTEL

    2812 Broadway St, Altus, OK 73521-5847

    $645,000
    Estimated value
    49,792 sqft 2.56 AC lot
    View details
    2515 Broadway St
    HOTEL

    2515 Broadway St, Altus, OK 73521-5817

    $1,405,000
    Estimated value
    108,071 sqft 6.85 AC lot
    View details

    Altus, OK Hotels Market Trends and Statistics

    Explore 4 hotels for sale in Altus, OK on our real estate platform. These investment opportunities span a total of 64,875 square feet of properties for sale.

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    Demographics Overview

    Population 21K
    Population Growth (5Y) -1.6%
    Median Household Income $59,857
    College Educated 36.2%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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