Building Details

Year Built 2003

Year Renovated 2017

Stories 3

Listing Agency: Southeast International Hotel Brokers F***@southeastinternational.com Show Phone

Listed By: Frank Smith · License #MO 1999019778

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:17AM

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Investment Insights

Based on property information with market context.

This three-story, interior corridor hotel offers 54 units and includes an on-site breakfast area, business center, fitness center, and meeting space. The property also features an indoor pool with hot tub and guest laundry.

The hotel is located in a revitalized downtown district near the convention center. The building was constructed in 2003 and renovated in 2017.

A contract with Amtrak provides for 6 rooms daily.

Key Highlights

• 54‑unit, 3‑story interior‑corridor hotel
• Built in 2003; renovated in 2017
• Indoor pool with hot tub, plus guest laundry

Property Analytics

Property Profile

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Locksmith Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

54

Residential units

Location Intelligence

Trade Area within ½ mile

805

Businesses Nearby

Explore this area Business Placement

Demographics for 52501, IA

30,313

Population

13,654

Households

2.2

Avg Household Size

38

Median Age

20%

College-Educated

87%

High-School Grad

225.3 sq mi

ZIP Area

135

Density / Sq Mi

$59,091

Median Household Income

$40,173

Median Earnings

$955

Median Rent

$109,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - Three-story hotel with 54 units, including indoor pool and meeting space.

Where is this hotel located?

The property is located at 222 W 2nd St Ottumwa, IA.

What are key features of this property?

This property features: 54‑unit, 3‑story interior‑corridor hotel; Built in 2003; renovated in 2017; Indoor pool with hot tub, plus guest laundry