7350 N Hanley Rd - Hospitality FOR SALE


Hazelwood, MO 63042
$5,750,000 USD
417-812-2174
7350 N Hanley Rd, Hazelwood, MO for Sale
$5,750,000 USD
Hospitality - FOR SALE
1/71
null | Request Cap Rate

7350 N Hanley Rd
Hazelwood, MO 63042


OVERVIEW

This a rare investment opportunity near the St. Louis airport with unmatched visibility. This 160-unit motel is positioned for continued hospitality use or a conversion into modern studio apartments, with the City of Hazelwood supportive of either direction. Ownership has already invested over $3.5 million in improvements including a new roof, upgraded electrical, updated plumbing, and substantial interior and exterior remodeling now underway. While the project requires completion, the major work is done, creating a turnkey path for its next owner. Located near Boeing’s new large-scale facility, the property benefits from strong demand for extended stay lodging and workforce housing, making it an exceptional opportunity for investors and developers.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$73 USD /SF

# OF ROOMS

160

PRICE/ROOM

$35,938 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

STATUS

Converted

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7350 N Hanley Rd, Hazelwood, MO 63042

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

121

LAND DETAILS

LAND ACRES

3.62 AC

LAND SF

157,687 SF

ZONING

G

APN/PARCEL ID

09K-32-4464

ASK ABOUT THIS PROPERTY

Kortni JohnsonCharles Burt Realtors IncMore Info
417-812-2174

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Kortni JohnsonCharles Burt Realtors IncMore Info
417-812-2174

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