Marketplace
NDA required
Holiday Inn Express & Suites Ottumwa
Ottumwa, IowaSelect-service hotelAccess requests reviewed weekly
- Price guidance
- $14.6M guidance
- Keys
- 93
- TTM revenue
- $4.0M
- NOI
- $1.3M
- Occupancy
- 77%
- ADR
- $137
- RevPAR
- $105
- Cap rate
- 9.0%
Public summary
93-key Holiday Inn Express hotel in Ottumwa, IA. Upper-midscale select-service asset with branded distribution and Ottumwa, Iowa demand drivers.
- Holiday Inn Express flag with national reservation distribution
- Upper-midscale select-service operating model in the Ottumwa market
- 93 keys with in-place cash flow and brand-standard condition
Seller
Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.
- Company
- Hawkeye Hotels
- Headquarters
- Coralville, Iowa
- Deal room
- Seller approval required
- Process
- Offers accepted online
Asset and market overview
Location
Ottumwa, Iowa draws corporate, leisure, and event demand that supports the Holiday Inn Express flag.
Asset
Select-service hotel operating under the Holiday Inn Express brand, offered as an individual asset.
Upside
- Revenue management optimization
- Expense benchmarking against comp set
- Negotiated corporate account growth
Property facts
- Year built
- —
- Last renovated
- —
- Brand class
- Upper-midscale select-service
- Brand family
- IHG
- Keys
- 93
- Address
- Ottumwa, IA