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222 W 2nd St
Ottumwa, IA 52501
AmericInn by Wyndham Ottumwa · Hospitality Property For Sale · 23,940 SF

Investment Highlights

  • Built in 2003, renovated in 2024
  • Vibrant and growing downtown location
  • Turnkey investment opportunity with consistent revenue streams

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.10 AC
Building Size 23,940 SF
No. Stories 3
Year Built/Renovated 2003/2024
Parking Ratio 2.63/1,000 SF
Corridor Interior
Zoning Commercial - Commercial

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.

Property Taxes

Property Taxes

Parcel Number
007413760193000
Land Assessment
$85,200
Improvements Assessment
$2,080,500
Total Assessment
$2,165,700
  • Listing ID: 34512957

  • Date on Market: 1/16/2025

  • Last Updated:

  • Address: 222 W 2nd St, Ottumwa, IA 52501

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