Marketplace
Accepting offers
SureStay Plus Hotel by Best Western Ottumwa
Ottumwa, IowaMidscale select-service hotelAccepting indications of interest
- Price guidance
- $6.5M guidance
- Keys
- 61
- TTM revenue
- $2.0M
- NOI
- $0.6M
- Occupancy
- 67%
- ADR
- $122
- RevPAR
- $82
- Cap rate
- 9.4%
Public summary
61-key SureStay by Best Western hotel in Ottumwa, IA. Midscale select-service asset with branded distribution and Ottumwa, Iowa demand drivers.
- SureStay by Best Western flag with national reservation distribution
- Midscale select-service operating model in the Ottumwa market
- 61 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 SureStay by Best Western flag.
Asset
Midscale select-service hotel operating under the SureStay by Best Western 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
- Midscale select-service
- Brand family
- Best Western
- Keys
- 61
- Address
- Ottumwa, Iowa — full address shared with approved buyers