For Sale
$10,000,000

18375 Chesterfield Airport Rd Chesterfield, MO 63005

94-Room Inn, Prime Location, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
133
This fully renovated, 94-key Comfort Inn & Suites in Chesterfield, MO, presents a rare turnkey investment opportunity. Located in a thriving submarket near major highways and Lambert International Airport, the hotel benefits from a strong and diverse economy driven by healthcare, technology, and corporate offices. Major employers like Bayer and Mercy Health ensure a consistent stream of business travelers, while the area's attractions draw leisure guests. Recently completing its Property Improvement Plan (PIP), this property requires no further upgrades, offering immediate cash flow potential with high operating numbers and growing performance metrics. Chesterfield's consistently strong market performance, rising occupancy rates, and consistent RevPAR growth make this a highly desirable investment. The hotel's strategic location, coupled with its turnkey status and the area's robust demand, positions it for continued success. This is an exceptional opportunity to capitalize on Chesterfield's booming hotel market and acquire a property in a high-performing submarket with significant growth potential. The asking price is $10,000,000. The property is situated at 18375 Chesterfield Airport Rd, Chesterfield, MO 63005, within St. Louis County.

Highlights

  • Rare opportunity to acquire a fully renovated, 94-room turnkey Comfort Inn & Suites in Chesterfield, MO, a top St. Louis submarket; no further upgrades needed.
  • Chesterfield is a prime St. Louis submarket with excellent highway access, proximity to Lambert Airport, and an affluent residential base, attracting both leisure and business travelers.
  • Strong, diverse economy driven by healthcare, technology, and corporate employers like Bayer and Mercy Health, supported by robust retail and tourism.
  • St. Louis and Chesterfield show strong hotel market performance with rising occupancy and RevPAR growth.
  • Fully renovated, turnkey hotel with high operating numbers and strong cash flow potential; motivated seller.

Property Details for 18375 Chesterfield Airport Rd

Property type
Hospitality properties, Hotels

Location Insight

City
Chesterfield
County
St. Louis
State
Missouri
Latitude
38.6727584
Longitude
-90.6517765

FAQs

What type of property is this?
Hospitality property - 94-Room Inn, Prime Location, High ROI
Where is the hospitality property located?
The property is located at 18375 Chesterfield Airport Rd Chesterfield, MO.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Rare opportunity to acquire a fully renovated, 94-room turnkey Comfort Inn & Suites in Chesterfield, MO, a top St. Louis submarket; no further upgrades needed.; Chesterfield is a prime St. Louis submarket with excellent highway access, proximity to Lambert Airport, and an affluent residential base, attracting both leisure and business travelers.; Strong, diverse economy driven by healthcare, technology, and corporate employers like Bayer and Mercy Health, supported by robust retail and tourism.
How can I contact the broker?
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18375 Chesterfield Airport Rd
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