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Econolodge

$1,850,000

1315 A Avenue East, Oskaloosa, IA 52577

Active
Last Updated: 04/01/2026

16

Cap Rate

1.3 acres

Lot Area

Details:
Cap Rate:    16%
Lot Area:    1.3 acres
Keys:    53
Year Built:    1974
Management:    Encumbered
Seller Financing:    Yes
Year Last Renovated:    2024
Roof:    new
Restrooms:    53
Description:

Fully remodeled and turnkey motel with modern upgrades throughout. The property has been successfully transitioned to a virtual/remote management model, minimizing owner involvement. Recently renovated, income-producing asset with streamlined operations. Consistently strong performance with near full occupancy over the past two years, demonstrating stable cash flow, high demand, and an excellent investment opportunity.

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