This property can be purchased individually or with the Candlewood Suites in nearby O’Fallon, Il. A portfolio purchase provides access to two different business segments and offers close proximity for management. The hotel has been re-priced to less than $80K per key and offers post renovation upside. Both hotels are located in suburban metro St. Louis, on I-64.

Executive Summary

This 80 key hotel is located in one of the higher growth areas in the St. Louis MSA. The surrounding interchanges have experienced substantial new development, including a new 144 bed hospital, St. Elizabeth’s, and Memorial Hospital is building a 94 bed facility in O’Fallon. BJC Healthcare has also purchased 111 acres nearby. Hospitals don’t build unless there is growth in the area. The Holiday Inn Express is located within a high traffic Target shopping center with direct I-64 visibility. It is a very good performer with a mix of corporate and transient travel, and shows a very attractive net income. It is an “Inn & Suites” prototype and therefore features a variety of suite type rooms, for the upgraded corporate traveler.

Only 17 miles from downtown St. Louis with demand generators such as the St. Louis Arch, St. Louis Zoo, City Museum, Busch Stadium (home of the St. Louis Cardinals), Science Center and an endless list of entertainment options, St. Louis is a top 20 MSA based on population and O’Fallon is benefiting as a growing suburban market. The property is near the GCS Stadium,  the Grizzlies Minor League Baseball Park.

With increasing revenue and an outstanding net income, this hotel represents a very fine investment. Its interstate location, surrounding growth and proximity to downtown St. Louis are all very positive location attributes. The Express is being offered with the nearby Candlewood Suites as a 2 property portfolio,but individual offers are also encouraged.

Property Details

3396 Green Mount Crossing Drive, Shiloh, IL 62269
Price Per Key
Property Type
Limited service - interstate - suburb 
Call for CA 

Hotel Description

  • Opened 2003
  • 20 minutes to downtown St. Louis
  • Priced at under $80K per key
  • I-64 location and visibility, faces the interstate
  • Located in a very busy Target & World Market anchored shopping center
  • Suites with sitting areas
  • Suites with wet areas and hot tubs
  • 3 floors
  • Wireless HSIA
  • Fitness center
  • Meeting room
  • Business center
  • PIP available

Contact a Broker

Brent Jaynes

13000 W 87th St. Pkwy, Suite 108
Lenexa, KS 66215
Phone: 913-499-4731
Fax: 913-499-4771