2530 Singing Hills Blvd
Sioux City, IA 51111-1044
- 56 Beds
- 23,931 SqFt
- 2.14 Lot Size
- 2000 Year Built
Presenting an opportunity to acquire a 56-room economy hotel at 2530 Singing Hills Boulevard, Sioux City, Iowa — one of the newer economy assets in the Sioux City South corridor with a 2000 build and freshly renovated in 2025 with new LVT flooring in guest rooms, new lamps, full mirror work desks, bathroom mirror lighting, new tubs, fresh hallway paint and carpet throughout, and new breakfast room furniture. The completed renovation delivers a modern physical plant that exceeds the majority of competing economy properties in this submarket and positions the buyer with minimal near-term PIP exposure.
Sioux City is the fourth largest city in Iowa and the undisputed regional hub for commerce, healthcare, industry, and logistics across the tri-state area of Northwest Iowa, Southeast South Dakota, and Northeast Nebraska. The demand base is deep and diversified — Seaboard Triumph Foods with over 2,400 employees, Tyson Fresh Meats in Dakota City with 4,300 employees at one of the world's largest beef processing complexes, Cargill, Smithfield Foods, MercyOne Siouxland Medical Center, UnityPoint Health St. Luke's, the 185th Air Refueling Wing of the Iowa Air National Guard, Wilson Trailer, and Sabre Industries collectively drive hotel occupancy across every day of the week and every month of the year.
The Siouxland MSA has been ranked the number one metro in the nation for economic development in its population category by Site Selection magazine for 2025 — the 12th time since 2007.
What sets this property apart within the economy segment is its three-story interior corridor construction — a guest experience advantage over exterior corridor competitors in the same price range — combined with the highest parking ratio in the corridor at 1.64 spaces per room, 92 total surface spaces, and dedicated truck parking accommodating more than 10 commercial vehicles. For contractor, extended-stay, and road warrior demand along the I-29 freight corridor, ample passenger parking and dedicated truck parking are not minor details — they are booking decision factors that competing properties in this corridor cannot match. The 2025 renovation further widens this competitive gap: where most economy hotels in this corridor are operating with dated soft goods and deferred maintenance, this property offers updated guest rooms, refreshed common areas, and brand-compliant finishes throughout.
INVESTMENT SUMMARY
The Super 8 by Wyndham Sioux City South is a 56-room economy-flagged hotel in Sioux City, Iowa, positioned within a supply-protected submarket that has experienced a net contraction of over 280 rooms since 2020. The property sits directly off Interstate 29 in the heart of the Siouxland tri-state metro, benefiting from a diversified demand base anchored by Seaboard Triumph Foods (2,800+ employees), MercyOne Siouxland Medical Center (238 beds, 280+ providers), and the Iowa Air National Guard's 185th Air Refueling Wing (approximately 900 personnel). With zero midscale or economy rooms in the construction pipeline and CoStar projecting a recovery to 51.3% occupancy and $108 ADR, the property offers a compelling entry point for an active owner-operator to capture payroll savings and close the ADR gap to the $105 submarket average. The market's industrial and healthcare anchors provide recession-resistant demand that insulates performance from broader economic cycles.
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GROWTH OPPORTUNITY
Owner-Operator Opportunity
The 56-room property is sized for hands-on management in a secondary market where the majority of economy hotels are owner-operated. An active buyer covering front desk and laundry operations can capture significant payroll savings, directly improving NOI and debt service coverage.
Major Renovation Completed 2025
The property underwent a comprehensive renovation in 2025 that touched every guest-facing surface: new LVT flooring throughout all guest rooms, new bedside lamps, full mirror work desks with integrated lighting, updated bathroom mirror lights and new tubs, fresh paint and new carpet in all hallways and corridors, and new furniture in the breakfast room. The result is a turnkey asset with brand-compliant finishes that eliminates the near-term capital expenditure burden that typically accompanies economy hotel acquisitions in secondary markets. A buyer steps into a property where the renovation spend has already been made and the guest experience improvement is already reflected in the hotel's #1 rank
Diversified Demand Base
Room demand is anchored by Seaboard Triumph Foods (2,800+ employees), MercyOne Siouxland Medical Center (238 beds), the 185th Air Refueling Wing (900 personnel), and additional employers including Cargill, Smithfield Foods, and Wilson Trailer, reducing concentration risk across healthcare, food processing, military, and manufacturing sectors.
GALLERY
PROPERTY DETAIL
Key Details
Property Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 23, 931 sqft
Bedrooms 56
Year Built 2000
Lot Size 2.140 Acres
Location
State IA
County Woodbury
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