Log In/Sign Up
Your email has been sent.
Econo Lodge Oskaloosa 1315 A Ave E 40 Room Hotel Oskaloosa, IA 52577 $1,525,000 ($38,125/Room) 21.31% Cap Rate
Investment Highlights
- Econo Lodge Oskaloosa presents a 40-key, exterior-corridor hotel with recent CapEx investments, ready to accommodate long-term travelers.
- Turnkey investment opportunity to join the Choice hotel franchise and operate a well-maintained economy hotel with stable cash flow.
- Downtown Oskaloosa has its own shopping center in the Penn Central Mall, featuring 16 different retailers, restaurants, and beauty salons.
- Located on a major thoroughfare near a wide array of attractions, including Lake Keomah, Edmundson Park, and the Southern Iowa Speedway.
- Hotel amenities include free high-speed internet, a 24-hour receptionist, complimentary on-site parking, copy and print services, and more.
- Oskaloosa is nestled in southeast Iowa and is known for its rich musical heritage, carried on by the C.L. Barnhouse music publishing company.
Executive Summary
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 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, the income-producing asset has 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 E 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.
The hotel has 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, the income-producing asset has 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 E 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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $69.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $573,610 | |
| Land Assessment | $137,300 | Total Assessment | $710,910 |
Property Taxes
Parcel Numbers
Land Assessment
$137,300
Improvements Assessment
$573,610
Total Assessment
$710,910
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Econolodge
Econo Lodge Oskaloosa | 1315 A Ave E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.