3607 Hamilton Ave, St. Louis, MO 63120 For Sale

Budget Inn at 3607 Hamilton Ave, Saint Louis, MO 63120 presents a compelling hospitality investment opportunity in the St. Louis market. Offered at $1,899,999, this 97-room motel spans 20,625 SF on approximately 2.39 acres, delivering an attractive basis at just $19,588 per key and $92.12 PSF. Built in 1992, the single-story property features a functional layout, Class C construction, and a strong parking ratio of 5.48/1,000 SF. The site’s gated entry and expansive on-site parking enhance security, accessibility, and guest convenience. Its sizable room count and efficient footprint make it well-suited for investors seeking a value-add hospitality asset with operational upside. Positioned within a dense metro area, the property benefits from a population base of more than 268,000 residents within a 5-mile radius. Budget Inn offers buyers the chance to acquire a large-key lodging property at an accessible price point in an established urban location. Ideal for owner-operators or investors looking to reposition, improve operations, or capitalize on long-term market demand.