Rodeway Inn and Conference Center - Sioux City, Iowa

Executive Summary

This recently renovated property represents a strong cash flow opportunity.  Located on heavily traveled I-29 in Sioux City, IA, the Rodeway Inn features outstanding interstate visibility  in an area known as a regional hub for more than 250,000 people within a 50-mile radius. 

The hotel features a total of 154 rooms consisting of two buildings.  The interior corridor main building has 106 rooms and the exterior corridor building has 48 rooms.  All of the interior corridor rooms have been completely renovated and the exterior corridor rooms have been substantially renovated. 

The owner has secured several long-term corporate accounts and the hotel’s income statement shows a history of improving cash flow.  The hotel’s central location makes it easy access to the three private universities in the area and a variety of activities, including golfing, hiking and more.

The Rodeway Inn franchise is being offered at a reduced transfer fee of only $2500.  The strong location of this property offers a lifestyle change to locate in the Central Midwest, as well as the ability to purchase a well positioned hotel that represents an excellent cash flow opportunity.

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