Hotels for Sale

DoubleTree by Hilton St. Louis Airport, MO

Address:
St. Louis, Missouri
Description:
  • Fee simple interest in the newly converted 158-room DoubleTree Airport St. Louis, MO
  • Subject Hotel opened as a DoubleTree by Hilton in Aug. 2020 following a comprehensive $5.5MM (~$35k/key) renovation
  • Offered unencumbered of management at a very attractive discount to replacement cost
  • Currently financed by a regional lender who is receptive to staying in the deal for a qualified purchaser
  • Ideally located adjacent to I-70, directly south of St. Louis Lambert International Airport, which served a five-year high 15.9MM passengers in 2019
  • Convenient access to key regional demand drivers including Westport Plaza, Cortex Innovation Community, Barnes Jewish Hospital, downtown St. Louis and the iconic Gateway Arch, and Busch Stadium with surrounding Ball Park Village among many others
  • Substantial new developments include the $63MM POWERplex St. Louis, $175MM America’s Center Convention Complex expansion, $461MM St. Louis City SC MLS soccer stadium, and $1.7B National Geospatial Intelligence Agency
  • St. Louis is #1 in Hotwire’s midsize category of “America’s Best Cities for a Quickie,” which ranks “must see” destinations for an easy getaway in 2020

Listing Agents

Lora Simpson
T: 515.750.0235
Email

Adam Montufar
T | 515.446.4181
Email

Beau Mullenix
T | 314.568.7098
Email

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