OK Welcome Home - Alva's Hotel 800 E Oklahoma Blvd 44 Room Hotel Alva, OK 73717 For Sale

This 44-room hospitality property, known as OK Welcome Home – Alva’s Hotel, presents an exceptional acquisition opportunity via sheriff's sale by the lender. Situated at the intersection of Highway 281 and Highway 64, the property benefits from strong visibility and high traffic counts in the heart of Alva, Oklahoma. Recently renovated in 2023, the two-story hotel combines modernized interiors and functional amenities, including an outdoor pool, high-speed internet, public Wi-Fi, and smoke-free accommodations.
The room mix comprises 19 king rooms, 21 double queen rooms, and 4 extended-stay units featuring kitchenettes, designed to appeal to both short-term and extended-stay travelers. Alva serves as a key hub for northern Oklahoma, positioned near Northwestern Oklahoma State University, local industries, and regional attractions, providing a steady demand base. The hotel’s accessibility to nearby restaurants, retail options, and highways ensures consistent traffic from both business and leisure travelers.
The property encompasses a site area of 1.72 acres, offering ample parking with a 1.92 per 1,000 SF ratio. With its recent updates, convenient location, and underlying land value, the asset is well-positioned for new ownership to capture upside potential and operational efficiencies.