12220 Dorsett Rd - Hospitality FOR SALE


Maryland Heights, MO 63043
$8,500,000 USD
909-456-3481
12220 Dorsett Rd, Maryland Heights, MO for Sale
$8,500,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

12220 Dorsett Rd
Maryland Heights, MO 63043


HIGHLIGHTS

  • Well-Appointed, Four-Story Franchised Hotel in the St. Louis MSA | Stabilized Best Western Plus Asset with $130k+ in Recent CapEx
  • Renovated in 2022 | Minimal PIP | Attractive Going-in Yield with Upside via Operational Efficiencies and Tax Optimization
  • Excellent Fit for Private Investors, 1031x Buyers, and Hospitality Operators Seeking Scale in a Core Midwest Market
  • Ideally Located off Interstate 270, Just a 20-Minute Drive from Downtown St. Louis | Diverse, Year-Round Demand Base Insulating Against Single Industr
  • 6 Miles to St. Louis Lambert International Airport (15.3M+ Passengers in 2025)
  • Located in the St. Louis MSA, a Thriving Economic Hub with Strong Transportation Links and a Diverse Business Base

OVERVIEW

David Saverin // Broker of Record // License MO 2008013520 Marcus & Millichap Real Estate Investment Services, Inc. (314) 889-2500 Inviting Offers: Best Western Plus | 6 Miles to Airport | Diverse Demand Drivers in Major MSA Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus St. Louis West–Westport, a 123-room hotel located in Maryland Heights, Missouri. Conveniently situated just off Interstate 270, the property offers strong accessibility within the St. Louis metropolitan area. The hotel features a range of amenities including an outdoor pool, fitness center, business center, sundry shop, and one meeting room. The Best Western Plus St. Louis West–Westport benefits from its proximity to key regional demand drivers, including St. Louis Lambert International Airport and The Boeing Company, both located approximately six miles from the property. The hotel is also positioned near several major universities within the St. Louis MSA, supporting consistent demand from academic, corporate, and transient travelers. The Best Western Plus St. Louis West-Westport represents an opportunity to acquire a franchised hotel in a stable market. Our Pro Forma analysis assumes the benefit of a property renovation/PIP and continued modest growth, supported by the increasing population and rising demand in the St. Louis market.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$148 USD /SF

# OF ROOMS

123

PRICE/ROOM

$69,106 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Plus St. Louis West-Westport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

106

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,662 SF

ZONING

M1

APN/PARCEL ID

14O-61-0354

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.