29
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$180,000
Est. payment /mo
31 Beds
30 Baths
Price Dropped by $70K
105 Oklahoma Blvd Alva, OK 73717
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11688178
Style Walk-up
Bedrooms 31
Full Baths 30
Property Description
Located in the heart of northwestern Oklahoma, this 28-room motel property in Alva, Oklahoma presents a unique investment opportunity with exceptional redevelopment potential. The area is surrounded by several of Oklahoma's most popular recreation and tourism destinations, bringing steady visitor traffic to the region throughout the year. Within approximately 30 miles are well-known attractions including Salt Plains State Park, famous for its crystal digging and bird migration viewing; Little Sahara State Park, a premier destination for off-road riding and outdoor adventure; and Alabaster Caverns State Park, home to one of the world's largest natural gypsum caves open to the public. Adding to the area's appeal is the newly constructed Salt Fork Event Center, a 20,000-square-foot multi-event venue hosting bull riding competitions, livestock shows, rodeos, and other large community events that attract visitors from across the region. Positioned directly along Highway 64, this former motel sits on one of the most visible and accessible corridors in the area. While the property is currently not in operation, the existing 28-room layout offers a strong foundation for multiple redevelopment possibilities. Potential uses include restoring the property as a boutique roadside motel, converting rooms into studio apartments, developing short-term vacation rentals, or creating hunting and lodging cabins to accommodate the steady flow of outdoor enthusiasts visiting northwest Oklahoma. The property also features a main building with an office and lobby area, conference room, and an on-site manager's apartment, providing valuable operational infrastructure. The manager's residence includes three bedrooms, two bathrooms, a living room, and a full-size kitchen, making it ideal for on-site ownership, management, or staff housing. Alva itself is a growing community and serves as the county seat of Woods County. The town offers a blend of small-town charm and steady activity, anchored in part by Northwestern Oklahoma State University, which brings students, faculty, and visitors to the area year-round. With excellent Highway 64 frontage, proximity to major recreation destinations, and flexible redevelopment possibilities, this property represents a rare opportunity to transform a well-located hospitality site into a thriving investment in one of northwest Oklahoma's most charming communities.
Location
State OK
County 40151
Rooms
Dining Room 0
Kitchen 0
Building
Story 1
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