INVESTMENT HIGHLIGHTS

• Super 8 by Wyndham Sioux City South is a 56-room, three-story economy hotel located at 2530 Singing Hills Boulevard, Sioux City, Iowa 51111, within Woodbury County — the commercial and industrial core of the Siouxland tri-state metro area
• Newer Built — 2000 Build, 2025 Renovation — Among the most recently constructed economy assets in the Sioux City South corridor, offering superior brand compliance, lower near-term capital expenditure requirements, and stronger guest satisfaction scores relative to older competing properties
• Interior Corridor Construction — Competitive Advantage — Three-story interior corridor design provides a meaningfully superior guest experience versus exterior corridor competitors in the same price segment, supporting rate premium and repeat stays
• Highest Parking Ratio in the Corridor — At 1.64 spaces per room with 92 total surface spaces with 10 commercial Truck parking, the Property is exceptionally well positioned to capture contractor, extended-stay, and commercial driver demand that requires reliable, ample parking

EXECUTIVE SUMMARY

• Super 8 by Wyndham Sioux City South presents a compelling opportunity to acquire a stabilized economy hotel asset in one of the Midwest's most consistently performing regional markets — Sioux City, Iowa, the fourth largest city in Iowa and the undisputed commercial, healthcare, and industrial hub for the tri-state area of Northwest Iowa, Southeast South Dakota, and Northeast Nebraska
• Sioux City earned the top national ranking for economic development in its population category from Site Selection magazine for 2025 — marking the 12th time the Siouxland metro has led the United States in this category since 2007, reflecting a business environment that consistently attracts corporate investment and sustains hotel demand
• The Iowa West Area hospitality submarket's Midscale and Economy segment has seen supply actively contracting — new construction hotel down 1.5% in 2025 and 1.1% in 2024 — creating an increasingly favorable operating environment for existing branded assets with no meaningful new competition entering the market

LOCATION SUMMARY

• Located at 2530 Singing Hills Boulevard, Sioux City, Iowa 51111 — within the south Sioux City commercial corridor, directly accessible from the I-29 corridor and positioned within minutes of the primary industrial and healthcare demand generators serving the submarket
• Sioux City serves as the regional hub for business, employment, healthcare, retail trade, and tourism across a tri-state catchment area spanning Northwest Iowa, Southeast South Dakota, and Northeast Nebraska — a combined metropolitan population of over 165,000
• Sioux City earned the top national ranking for economic development in its population category from Site Selection magazine for 2025 — the 12th time the Siouxland MSA has achieved this distinction since 2007
• Minutes away from The Sioux Gateway Airport — Colonel Bud Day Field — provides commercial air service to the region, supporting corporate and government travel demand across the submarket

DEMAND DRIVERS & MARKET CONTEXT

• Seaboard Triumph Foods — Over 2,400 employees at the Sioux City pork processing facility, processing 20,000 hogs per day and generating continuous corporate, vendor, and executive visitor demand year-round
• Cargill, Smithfield Foods & Agribusiness Complex — Dense concentration of food processing and agribusiness operations collectively employing thousands and generating sustained transient demand from corporate, government, and supply chain visitors
• MercyOne Siouxland Medical Center & UnityPoint Health — St. Luke's — Sioux City's two major hospital systems generating consistent healthcare-related demand from medical professionals, traveling specialists, patients, and visiting families
• 185th Air Refueling Wing — Iowa Air National Guard — Nearly 900 members stationed at Colonel Bud Day Field generating consistent military and government travel demand including personnel rotations, training exercises, and contractor visits
• Wilson Trailer, Sabre Industries & Manufacturing Sector — Significant manufacturing and heavy industrial base generating corporate and workforce travel demand from executives, engineers, and out-of-state contractors
• Western Iowa Tech Community College & Briar Cliff University — Academic travel demand from prospective students, visiting faculty, athletic events, and graduation-related visits throughout the academic calendar
• Sioux City Convention Center — Hosts over 200 events annually driving group demand across the submarket throughout the calendar year