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33349723
33349729

12220 Dorsett Road, Maryland Heights, MO 63043

GA
CA 00927200, NV BS.0146254 (+1)
Marcus & Millichap - Inland Empire
SB
CA 02230808
Marcus & Millichap - Inland Empire
Marcus & Millichap Palm Springs
Listed by Marcus & Millichap - Inland Empire, Marcus & Millichap Palm Springs
$8,500,000
5 days on market
Updated 0 days ago

Best Western Plus St. Louis West-Westport

Details
APN 14O610354
Property Type Retail
Square Footage 57,534
Units 123
Year Built 1983
Year Renovated 2022
Stories 4
Lot Size (SqFt) 97,883
Ground Lease No

Inviting Offers: Best Western Plus | 6 Miles to Airport | Diverse Demand Drivers in Major MSA

Marketing description

David Saverin // Broker of Record // License MO 2008013520

Marcus & Millichap Real Estate Investment Services, Inc. (314) 889-2500

Property Tours

Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus St. Louis West–Westport, a 123-room hotel located in Maryland Heights, Missouri. Conveniently situated just off Interstate 270, the property offers strong accessibility within the St. Louis metropolitan area. The hotel features a range of amenities including an outdoor pool, fitness center, business center, sundry shop, and one meeting room.

The Best Western Plus St. Louis West–Westport benefits from its proximity to key regional demand drivers, including St. Louis Lambert International Airport and The Boeing Company, both located approximately six miles from the property. The hotel is also positioned near several major universities within the St. Louis MSA, supporting consistent demand from academic, corporate, and transient travelers.

The Best Western Plus St. Louis West-Westport represents an opportunity to acquire a franchised hotel in a stable market. Our Pro Forma analysis assumes the benefit of a property renovation/PIP and continued modest growth, supported by the increasing population and rising demand in the St. Louis market.

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Investment highlights

  • Well-Appointed, Four-Story Franchised Hotel in the St. Louis MSA | Stabilized Best Western Plus Asset with $130k+ in Recent CapEx
  • Renovated in 2022 | Minimal PIP | Attractive Going-in Yield with Upside via Operational Efficiencies and Tax Optimization
  • Excellent Fit for Private Investors, 1031x Buyers, and Hospitality Operators Seeking Scale in a Core Midwest Market
  • Ideally Located off Interstate 270, Just a 20-Minute Drive from Downtown St. Louis | Diverse, Year-Round Demand Base Insulating Against Single Industry Volatility
  • 6 Miles to St. Louis Lambert International Airport (15.3M+ Passengers in 2025)
  • Located in the St. Louis MSA, a Thriving Economic Hub with Strong Transportation Links and a Diverse Business Base
  • Short Drive to Multiple Universities Located in the St. Louis MSA
  • Nearby Attractions Include Creve Coeur Lake Memorial Park, Hollywood Casino Amphitheater, Sophia M. Sachs Butterfly House and More

Listing Contacts

GA
CA 00927200, NV BS.0146254 (+1)
Marcus & Millichap - Inland Empire
SB
CA 02230808
Marcus & Millichap - Inland Empire
Marcus & Millichap Palm Springs
Listed by Marcus & Millichap - Inland Empire, Marcus & Millichap Palm Springs

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Additional Information

Name
David Saverin
License
MO 2008013520
Brokerage
Marcus & Millichap Real Estate Investment Services, Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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