Econo Lodge Oskaloosa welcomes an investor to a turnkey, fully remodeled Choice Franchise opportunity, ideal for experienced hospitality investors and/or those seeking a semi-absentee ownership model.
The hotel has been successfully transitioned to a virtual/remote management model, minimizing owner involvement. Econo Lodge Oskaloosa has been well maintained over the years, aligning with Choice’s PIP and offering modern upgrades throughout. Recently renovated, income-producing asset with streamlined operations. The hotel has consistently delivered strong performance, with near-full occupancy over the past two years, demonstrating stable cash flow, high demand, and an excellent investment opportunity.
1315 A Avenue East is surrounded by numerous state parks and recreational areas, catering to Oskaloosa's tourism demand. Lake Keomah, Edmundson Park, Oskaloosa City Hall, and the Nelson Pioneer Farm & Museum/Mahaska County Historical Society are just a few of the immediately surrounding patron generators.
This high-performing hospitality asset generates approximately $500,000 in annual revenue with consistently strong occupancy. Offered at an attractive cap rate, Econo Lodge Oskaloosa presents a compelling opportunity for investors seeking a high-yield, income-producing asset. Additional upside exists through rate optimization and continued operational efficiencies.