405-810-1414
2804 N Main St, Altus, OK for Sale
Hospitality - FOR SALE
1/15
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2804 N Main St
Altus, OK 73521


HIGHLIGHTS

  • Corporate / Absentee ownership
  • ALL market based offers will be considered
  • Tremendous upside with focused management
  • Over $700K in Room Revenue in 2024
  • Close proximity to all major demand generators

OVERVIEW

• Operations ceased April 4, 2025 • Corporate / Absentee ownership • ALL market based offers will be considered • Tremendous upside with focused management • Close proximity to all major demand generators • Over $700K in Room Revenue in 2024 The Days Inn Altus has been a corporately owned, absentee run hotel with a long term history of success in the market and in real need of a hands on, motivated owner with construction requirements to re-open. At the time of closing, the hotel operation was in good condition with many amenities unique to the market including both indoor and outdoor pool, meeting facilities, bar, fitness room and business center. Altus is the home to Altus AFB, Western Oklahoma State College, many medical facilities, the Jackson County Courthouse and Seat, multiple state parks and lakes (including the Quartz Mountain State Lodge and Amphitheater) as well as other significant demand generators. Located at the intersection of US highways 62 and 283, Altus is just minutes from the Texas border but still within easy driving distance of Interstates 44, 35 and 40. The hotel building has significant structural issues that will need to be addressed immediately for long term viability to approximately 30 rooms. One wing of the hotel has had "settling". PLEASE CONTACT BROKER FOR FULL EXPLANATION.

FOR SALE DETAILS

PRICE

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# OF ROOMS

99

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Altus

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

161

LAND DETAILS

LAND ACRES

3.61 AC

LAND SF

157,252 SF

ZONING

HOTEL

APN/PARCEL ID

0022-05-002-020-0-022-00

ASK ABOUT THIS PROPERTY

Peter HolmesHotelBrokerOneMore Info
405-810-1414

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Peter HolmesHotelBrokerOneMore Info
405-810-1414

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