715-661-3852
222 W 2nd St, Ottumwa, IA for Sale
Hospitality - FOR SALE
1/5
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222 W 2nd St
Ottumwa, IA 52501


HIGHLIGHTS

  • Downtown Ottumwa Adjacent to Bank, Police Station & Amtrak Station
  • Strong Local Workforce Availability
  • Only Hotel in Ottumwa Offering Jacuzzi Suites

OVERVIEW

AmericInn by Wyndham Ottumwa is a 51-room interior corridor hotel located at 222 W 2nd St, Ottumwa, Iowa. The property features Jacuzzi suites, a heated indoor pool, hot tub, elevator, guest laundry, complimentary breakfast area, 420 SF meeting room, free Wi-Fi, and a one-bedroom apartment. The hotel benefits from established relationships with major regional employers, transportation providers, healthcare organizations, educational institutions, and construction-related businesses, generating consistent year-round lodging demand. The property generates approximately $1 million in annual revenue and serves a diverse mix of corporate travelers, project-based crews, extended-stay guests, and leisure travelers. Recent ownership investments have resulted in significant property improvements and completion of the majority of brand-required upgrades, positioning the hotel for continued growth and operational stability. Ottumwa's economy is supported by manufacturing, healthcare, education, transportation, energy, government, and construction sectors, creating multiple demand generators throughout the year. This offering presents an opportunity to acquire a nationally recognized branded hotel with established operations, strong market presence, diversified revenue sources, and future upside potential through continued occupancy growth and revenue optimization. Additional financial information, franchise details, STR reports, and operational records are available to qualified buyers upon execution of a confidentiality agreement. All information is believed to be accurate but is subject to verification. Subject to lender approval, market conditions, and final underwriting.

FOR SALE DETAILS

PRICE

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# OF ROOMS

54

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AmericInn by Wyndham Ottumwa

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2003

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,589 SF

ZONING

Commercial

APN/PARCEL ID

007413760193000

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Tejas MistryVijayasha Inc.More Info
715-661-3852

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Tejas MistryVijayasha Inc.More Info
715-661-3852

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.