Econolodge
$1,850,000
1315 A Avenue East, Oskaloosa, IA 52577
For Sale
Hotel
Extended Stay
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.
Location
Gallery