Econo Lodge Multifamily Conversion
For Sale
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2515 E Broadway Street, Altus, OK 73521
Extended stay or multifamily conversion opportunity near Altus Air Force Base.
Property Size64,875 SF
Days on Market120
Property Features for 2515 E Broadway Street
General Information
Standard status
Active
Size
64,875 SF
Property subtype
Hospitality
Zoning
C-3
Listing Agency:
Tabani Realty
(888) 737-2264
Listed By:
Stephanie Martin · License #716229
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tabani Realty
Investment Insights
Based on property information with market context.
The Econo Lodge Inn and Suites, situated in Altus, OK, is an investment opportunity for those interested in extended stay accommodations or multifamily units. The property benefits from general commercial zoning, facilitating conversion without zoning hearings. Located near Altus Air Force Base, the property is positioned to serve the housing needs of approximately 2,000 Airmen training annually. The two-level property has a total area of 64,875 sq ft and features an all-suite configuration, an indoor swimming pool, a 3,800 sq ft restaurant and bar, a commercial kitchen, a dining room, and 8,000 sq ft of meeting space. These amenities add value for both extended stay and multifamily residents.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
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Business Placement
Demographics for 73521, OK
20,209
Population
9,975
Households
2
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
185.8 sq mi
ZIP Area
109
Density / Sq Mi
$59,857
Median Household Income
$38,065
Median Earnings
$896
Median Rent
$150,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Extended stay or multifamily conversion opportunity near Altus Air Force Base.
Where is this hotel located?
The property is located at 2515 E Broadway Street Altus, OK.
What are key features of this property?
This property features: 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.
