For Sale
$750,000

2423 Old Country Inn Dr Caseyville, IL 62232

84-room hotel, St. Louis MSA, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
132
This fee-simple Days Inn & Suites by Wyndham hotel presents a compelling value-add investment opportunity. Located at 2423 Old Country Inn Drive in Caseyville, Illinois, this two-story, 39,470-square-foot property boasts 84 keys and sits on a 2.25-acre lot. Built in 1990 and renovated in 2016, the hotel benefits from its convenient location off Interstate 64, experiencing over 80,000 vehicles daily. Amenities include an outdoor pool, on-site guest laundry, and ample parking. Guest rooms feature modern conveniences such as flat-screen televisions, microwaves, and mini-refrigerators

Highlights

  • $750,000 Starting Bid; Lender-Driven Sale; Days Inn & Suites, St. Louis MSA.
  • 84-Room Days Inn & Suites by Wyndham; I-64 proximity; 80K+ VPD.
  • $805,839 2023 Room Revenue.
  • Modern Amenities: Outdoor Pool, Guest Laundry, Ample Parking.
  • Strong Demand Generators: Gateway Arch, Nestle Purina, Peabody Energy, Federal Reserve Bank, St. Louis Lambert Airport, Cahokia Mounds.
  • Attractive Demographics: ±85,323 Population; ±$73,682 Annual Household Income (5-mile radius).

Property Details for 2423 Old Country Inn Dr

Property type
Hospitality properties, Hotels
Square Feet
39,470 SF
Year Built/Renovated
1990/2016
Buildings
1
Stories
2
Lot Size (sq. ft)
98,010 SF

Location Insight

City
Caseyville
County
St. Clair
State
Illinois
Latitude
38.6129508
Longitude
-90.0487714

FAQs

What type of property is this?
Hospitality property - 84-room hotel, St. Louis MSA, value-add opportunity.
Where is the hospitality property located?
The property is located at 2423 Old Country Inn Dr Caseyville, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: $750,000 Starting Bid; Lender-Driven Sale; Days Inn & Suites, St. Louis MSA.; 84-Room Days Inn & Suites by Wyndham; I-64 proximity; 80K+ VPD.; $805,839 2023 Room Revenue.
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2423 Old Country Inn Dr
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