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9100 Atlantic Dr SWCedar Rapids, IA 52404
Country Inn & Suites Cedar Rapids Airport
Asset ClassHotel & Hospitality
overview of deal

Overview

HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 74-room Country Inn & Suites (“Hotel” or “Property”), situated at 9100 SW Atlantic Dr Cedar Rapids, IA 52404.

 

The Country Inn & Suites Cedar Rapids presents an opportunity to acquire a well-located select-service hotel with a proven operating performance in one of Iowa’s most diversified and economically resilient markets. The Hotel has generated over $2 million in annual revenue since 2025 and achieved average annual revenue growth of 9.5% over the past five years, demonstrating consistent top-line performance. Additional upside exists through operational enhancements, revenue management initiatives, and strategic renovations, as the Hotel is currently institutionally owned and operated. This provides a new owner with significant bottom-line upside opportunities.

 

Cedar Rapids serves as the economic center of Eastern Iowa, supported by a diversified employment base spanning aerospace, advanced manufacturing, healthcare, food production, logistics, insurance, education, and government. Major employers including Collins Aerospace, Quaker Oats, General Mills, Archer Daniels Midland, UnityPoint Health, Transamerica, and Mercy Medical Center contribute to consistent lodging demand from corporate travelers, contractors, vendors, training personnel, and visiting professionals. The Property benefits from a strategic location within the Cedar Rapids metro area, with convenient access to Eastern Iowa Airport (CID), Interstates 380 and 80, U.S. Highways 30 and 151, and Iowa Highway 100, providing connectivity to key employment centers, commercial districts, and regional demand generators.

 

The Cedar Rapids market continues to experience significant economic growth through major capital investment and business expansion. The development of the Big Cedar Industrial Center, including multi-billion-dollar investments from QTS Data Centers and Google, represents one of the largest economic development initiatives in the region. The projects are expected to represent more than $8 billion in combined capital investment, support approximately 3,000 construction jobs through 2030, generate an estimated $423 million in annual construction wages, and create hundreds of permanent technology and operations positions upon completion. Additional investment from Sub-Zero Group’s manufacturing expansion is expected to create more than 700 new jobs, further strengthening the region’s advanced manufacturing sector. These developments are anticipated to drive employment growth, attract new suppliers and supporting businesses, expand the local tax base, and create sustained lodging demand from construction workers, vendors, consultants, and corporate travelers.

 

Supported by a diversified economy, significant employer base, and continued investment from major corporations, Cedar Rapids is positioned for long-term economic growth and increased business activity. With a prime location, proven historical operations, and significant value-add potential, the Property presents a compelling hospitality investment in a rapidly growing Midwest economic hub.

Investment Highlights

Strong and Stable Revenues with Growth Opportunity

Since 2025, the Hotel has produced over $2 million in annual top-line revenue, reflecting a proven and stable track record. Continually ranking low within it’s competitive set in RevPAR penetration, the Hotel has opportunities to increase occupancy and ADR with strategic renovations. Additionally, a clear pathway exists for improved bottom-line performance through hands-on management.

 

Strong Market Growth

The Property benefits from strong operating fundamentals within the Cedar Rapids lodging market, supported by consistent demand and improving performance. As of the latest T-12 STR, the Hotel and competitive set’s RevPAR have increased +30% compared to the same period last year, with continued submarket growth projected, according to CoStar.

 

Strategic Location Within the Cedar Rapids Metro Area

The Property benefits from Cedar Rapid’s diversified economy, supported by advanced manufacturing, aerospace, healthcare, and agriculture. With a broad mix of major employers and proximity to significant large-scale developments, the market generates stable year-round business travel demand while reducing reliance on any single industry.

 

Offered Unencumbered by Management

The Hotel is currently institutionally owned and managed while being offered unencumbered by a management agreement. Upon acquisition, an investor will have the opportunity to retain a management company of their choosing or operate the property as an owner/operator.

 

Fee Simple Interest

The Property will be offered as fee simple.

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9100 Atlantic Dr SWCedar Rapids, IA 52404

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