Property History
Property Type
Property Type
Property Subtype
Marketing Description
The Baymont Inn & Suites in Saint Louis/Hazelwood is a 104-room interior corridor, limited service hotel. This three story tall hotel was built in 1977. The property provides complimentary daily hotel breakfast, wireless internet access, ample parking, a vending area, an exercise room, an outdoor swimming pool, and a guest laundry facility on-site.
The hotel is situated on 2.70 acres of land. Some specific businesses and entities in the area include Boeing Defense, bioMerieux, GKN, Aerospace, and Mallinckrodt.
The subject Property is currently grossly under-performing the market due to absentee ownership based in West Coast. The investment opportunity presents significant upside potential for an astute hands-on owner operator to acquire an asset significantly below replacement cost, located close to major demand generators and highway. The area enjoys a well-developed network of local roadways, highways and interstates. Interstate 270, US Highway 67 and Interstate 10 facilitate travel between the subject site and the principal concentrations of business activity and population in the region.
Investment Highlights
- 104-Room, Interior Corridor, Limited Service Hotel
- Located Minutes Away from Lambert St. Louis International Airport
- Situated Adjacent to Boeing Defense Complex
- Offered at $27,885 per Room
- Owned by Absentee Investor Based in California
- Property Underperforming the Market; Upside Potential for Owner/Operator
Property Type
Property Type
Marketing Description
For Sale
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Chris Gomes
•••.•••.7859
••••••-••••••••••team@•••••••••••••••.com
Listing removed on
BY:
Bradley Barham
•••.•••.2118
••••.••rham@•••••••••••••••.com
Sold on
BY:
Chris Passeggiata
•••.•••.2677
•••••••••••.•••••••iata@••••••••.com
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