This Property is no longer advertised on Showcase.com.
Off Market
1/23

222 W 2nd St
Ottumwa, IA 52501


HIGHLIGHTS

  • Built in 2003, renovated in 2024
  • Turnkey investment opportunity with consistent revenue streams
  • Vibrant and growing downtown location

OVERVIEW

Three-Story, 54-Room Independent Hotel: The American Inn Ottumwa is a well-maintained property offering value-driven accommodations in a growing market. Priced to Attract Strategic Investors: Offered at a competitive rate, this property presents a cost-effective entry into the hospitality market with strong growth potential. Prime Location with High Demand Generators: Conveniently situated near key attractions such as the Bridge View Center, Greater Second Street Historic District, and Des Moines River trails, drawing both leisure and business travelers. Transportation Accessibility: Located less than 1 mile from U.S. Highway 34 and steps from the Ottumwa Amtrak Station, with Ottumwa Regional Airport just 8 miles away, ensuring seamless access for guests. Essential Guest Amenities: Features mobility-accessible rooms, pet-friendly accommodations, and ample parking, making it a versatile choice for diverse traveler needs. This blend of strategic location, appealing pricing, and quality amenities makes the American Inn Ottumwa a compelling investment opportunity for hospitality-focused buyers.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

AmericInn Ottumwa

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

29212

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2003

PARKING SPACES

63

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

007413760193000