List Price

$4,999,999

The Offering

Investment Highlights

Formula Blue 2.0 PIP Just Completed June 2025

RevPar Increase of +53% and $30+ in ADR YOY in the First Month Post PIP (June 2025)

Machine Works HQ – Global Manufacturer of Trench Equipment > 1 mile from Hotel ($760+M in annual revenue)
$26k Per Key of Capex Renovations Totaling $1.8M

Perry is Located on Interstate 35, with 32,000 VHD Passing Hotel Daily

Other active industries in Perry: Oil & Gas and Farming & Agriculture (wheat, corn, soybeans, and cattle operations)

Room Matrix

King Bed Standard - 23

King Bed Standard Accessible Tub - 1

King Bed Suites Accessible Roll-In Shower - 1

Double Queen Beds Standard - 21

Double Queen Beds Accessible Tub - 2

Double Queen Beds Suites Sofa Bed - 12

Double Queen Beds Suite - 1

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Total Rooms - 67

Team

Mike Knall

Mike Knall

Josh Tammen

Josh Tammen

Tim Speck

Tim Speck