Red Roof Inn St. Louis Westport

$5,500,000

11837 Lackland Road, Saint Louis, MO 63146

Details

  • $5,500,000
  • Limited Service

Marcus & Millichap has been chosen to exclusively market for sale the Red Roof Inn St. Louis Westport, a three-story 158-room hotel located off Interstate 270 in St. Louis, Missouri. The hotel is located approximately 10 miles from Lambert – St. Louis International Airport. The hotel features numerous complementary amenities including WiFi, domestic and long distance calls, coffee, and tea. Guest rooms feature a boutique design with spa-inspired bathrooms, work desk, coffee maker, microwave oven, and a flat-screen television.

Red Roof has strong brand recognition with over 450 inns in 40 states and has grown internationally with properties open in Brazil, Osaka, Japan, and others to follow in Canada and Thailand. Red Roof also employs over 6,000 people and serves millions of guests each year. Additionally, according to Smith Travel Research, Red Roof consistently has one of the highest revenue per  available room (RevPAR) of any brand in the economy market; outperforming in occupancy and average daily rate (ADR) among economy competitors.

The Red Roof Inn St. Louis Westport represents the opportunity to acquire a well-maintained hotel located in a stable market. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

 

Broker of Record:
Bradley Barham
License: 2005038930

Agent for this listing

Chris Gomes

Senior Managing Director Investments, National Hospitality Group
Office: (972) 755-5302
Mobile: (972) 786-2719
Fax: (972) 755-5210
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