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AmericInn by Wyndham Ottumwa 222 W 2nd St 54 Room Hotel Ottumwa, IA 52501 $4,707,299 CAD ($87,172 CAD/Room) 12.81% Cap Rate
INVESTMENT HIGHLIGHTS
- Built in 2003, renovated in 2024
- Vibrant and growing downtown location
- Turnkey investment opportunity with consistent revenue streams
EXECUTIVE SUMMARY
Guaranteed Revenue Streams: Existing agreements such as the Amtrak contract (8 rooms daily) and parking rental ensure consistent income.
Proposed Popular Restaurant & Bakery: This addition is expected to further increase foot traffic, enhancing the property’s profitability.
Strategic Location: The hotel is centrally located near key landmarks, highways, and Ottumwa Amtrak Station, making it a prime choice for travelers.
Growing City: Ottumwa’s economic stability, population growth, and regional importance provide a strong foundation for long-term success.
Investors in American Inn by Wyndham will benefit from the city’s steady economic base, thriving tourism, and the property’s strategic location and well-established reputation.
This Listing is Listed with Iowa License Agent Ed Padliai, IA Lic # B44656000 From exp Realty.
Silvestre Madrigal Jr. is the Referring Agent.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Multi-Room Suites
ABOUT 222 W 2ND ST , OTTUMWA, IA 52501
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. This Listing is Listed with Iowa License Agent Ed Padliai, IA Lic # B44656000 From exp Realty. Silvestre Madrigal Jr. is the Referring Agent.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $289.36 CAD | - |
| Guest Room | 48 | $220.14 CAD | - |
PROPERTY TAXES
| Parcel Number | 007413760193000 | Total Assessment | $3,053,854 CAD |
| Land Assessment | $120,141 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $2,933,713 CAD | Tax Year | 2025 |
PROPERTY TAXES
Presented by
AmericInn by Wyndham Ottumwa | 222 W 2nd St
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