| CREOP

Property Details: A 50-room Quality Inn, constructed in 2008.
Prime Location at Major Intersection: The Quality Inn is ideally situated at the corner of U.S. Highway 400 and U.S. Highway 59 in Parsons, KS. This prime location offers exceptional visibility and easy access for travelers on two of the region's major thoroughfares.
Amenities: Includes a swimming pool and fitness room, enhancing guest experience.

Occupancy Growth: The trailing 12-month occupancy rate in the Kansas Area hotel submarket has reached 52.9%, the highest in the past five years, indicating a strong recovery and upward trend in the market.
Strong RevPAR Performance: The twelve-month average Revenue per Available Room (RevPAR) has impressively increased by 7.9%, aligning with the market-wide average and showcasing robust financial performance.
Active Market: The Kansas Area remains vibrant for hotel investments, with 7 hotel trades over the past year, demonstrating consistent investor interest and market activity.
Dynamic Economic Environment: Parsons is characterized by a dynamic and diverse economic environment, offering measurable benefits for businesses. This includes being supportive of new businesses and expansions.
Business-Friendly Policies: The city offers generous incentive packages, showcasing a commitment to fostering a business-friendly atmosphere. This is further enhanced by state incentives like tax abatement and Rural Opportunity Zones.