420 E Oklahoma Blvd - Hospitality FOR SALE


Alva, OK 73717
$749,000 USD
580-402-5000
420 E Oklahoma Blvd, Alva, OK for Sale
$749,000 USD
Hospitality - FOR SALE
1/22
null | 21% Cap Rate

420 E Oklahoma Blvd
Alva, OK 73717


OVERVIEW

41 guest rooms , 2 rooms manage living house with office, Very good net income(pro forma cap can be 32%), Low expences , No breakfast or donut ,easy to handle hotel with big truck parking lot by highway, walmart is in a few block, https://www.nwosu.edu/ Northwestern Oklahoma State University is near the hotel , very nice building with large truck parking lot, Alva almost finishing to build new huge Rodeo place,oil and windmill energy field, Located 39 minutes away in Freedom, https://www.travelok.com/state-parks/alabaster-caverns-state-park /this park features the largest natural gypsum cave in the world open to the public.Located about 45 minutes away in Waynoka, https://www.travelok.com/state-parks/little-sahara-state-park /this park offers 1,600+ acres of sand dunes ranging from 25 to 75 feet high.Located 40 minutes from Alva, https://www.travelok.com/state-parks/salt-plains-state-park /this park is known for its unique salt plains created by a salt-crusted lake. OIL FIELD AREA, hunting ,fishing, 4 wheeler activities, crystal digging on salt lake white sand.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$52 USD /SF

# OF ROOMS

41

PRICE/ROOM

$18,268 {currency}

CAP RATE

21%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ranger Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1981

PARKING SPACES

41

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

None

APN/PARCEL ID

1499-25-27N-14W-2-057-UC

ASK ABOUT THIS PROPERTY

John ChoUMSMore Info
580-402-5000

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John ChoUMSMore Info
580-402-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.