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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.
Growth Market
Market forecasts a recovery to 51.3% occupancy, $108 ADR, and $55 RevPAR through the forecast period. The combination of net supply contraction, minimal pipeline, and diversified demand drivers from healthcare, food processing, and military sectors provides stability for existing assets.
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 Coming Soon
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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