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1100 Eastgate Dr O Fallon, IL 62269

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For Sale
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Lucrative hospitality investment opportunity in O'Fallon, Illinois.

Property size:
26,653 SF
Lot size:
2.92 Acres

Property Features for 1100 Eastgate Dr

General Information

Standard status
Active
Size
26,653 SF
Lot size
2.92 Acres

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Listing Contact
Silvestre Madrigal Jr.
Silvestre Madrigal Jr.
Source: Crexi

Listing Agency: Century 21 Allstars Listing Agent: Silvestre Madrigal Jr.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Super 8 Hotel Investment

The Super 8 property located at 1100 Eastgate Dr, O'Fallon, IL 62269, presents a hospitality investment opportunity. The property features 100 rooms within a 26,653 square foot structure, situated on a 2.92-acre land plot, which totals 114,127 square feet. The property is priced at $5,250,000, which translates to $52,500 per key and $196.98 per square foot. The surrounding area within 1, 3, and 5 mile radii indicates a strong market, with increasing median and average household incomes and a growing population. The Super 8 property is a well-maintained structure with modern amenities.
Location Intelligence

Current Use by Public Records

Super 8 by ... Hotel & Motel

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Super 8 by Wyndham O'Fallon

Location Insight

  • Map
  • Local Demand
City
O Fallon
County
St. Clair
State
Illinois
Longitude
-89.8757901
Latitude
38.5778288

FAQs

What type of property is this?
Motel - Lucrative hospitality investment opportunity in O'Fallon, Illinois.
Where is this motel located?
The property is located at 1100 Eastgate Dr O Fallon, IL.
What are key features of this property?
This property features: - Lucrative investment opportunity: priced at $5,250,000, $52,500 per key, and $196.98 per square foot.; - Prime location in O'Fallon, IL.; - 100 spacious rooms.
More about this property
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