Hotels for Sale

Motel 6 Caseyville, IL

Address:
Caseyville, Illinois
Description:
  • Fee simple interest in the institutionally owned and operated 120-room Motel 6 Caseyville, IL (#1402) priced at a substantial discount to replacement cost
  • Approximately $1,250,000 ($10,400/key) of CapEx improvements completed since 2011 with majority finished in 2015
  • The three-story interior corridor with elevator Property opened originally in 1998 and is situated on approximately 2.62 acres of land
  • Offered unencumbered of management and with ability to retain the Motel 6 flag via a long-term franchise agreement
  • Strong operational upside with asset transitioning out of a corporate management structure to a more traditional owner/operator model
  • Adjacent to I-64 at the South Bluff Rd.  exit 9, a location passed by upwards of 91,400 vehicles daily
  • Ideally positioned in the heart of St. Clair County and convenient to all regional demand; including Scott Air Force Base, Gateway Motorsports Park, Memorial Hospital, Busch Stadium, Scott Trade Center, and the world famous Gateway Arch

Listing Agents

Adam Montufar
T: 515.446.4181
Email

Beau Mullenix
T: 314.568.7098
Email

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