The Hotel O is a 41-unit, two-story exterior corridor hotel located in Oskaloosa, Iowa. The property features a convenient on-site liquor store at the front, adding an additional revenue stream and attracting additional visitors. Currently, the hotel uses OYO's reservation system, however there is no PIP required. Oskaloosa is a charming and steadily growing community located one hour from Des Moines, IA, offering a range of attractions including the Southern Iowa Speedway, Southern Iowa Fairgrounds, and William Penn University. The hotel is well-positioned to serve visitors exploring the region. Currently, only 32 rooms are rentable, and a new owner could capture additional revenue by renovating the remaining 9 rooms. This highly profitable hotel is an excellent investment opportunity for an owner-operator, complete with a three-bedroom manager's apartment. Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.