62-Room Select-Service
4 Gateway Dr Collinsville, IL 62234
4 Gateway Dr, Collinsville, IL, 62234
Contact for pricing
For Sale
Contact for pricing
Pending
For sale fee simple interest in a 62-room select-service hotel at 4 Gateway Dr, subject to lender and court approval.
Property Size31,041 SF
Days on Market176
Property Features for 4 Gateway Dr
General Information
- Standard status
- Pending
- Size
- 31,041 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1995
Listing agency
Alchemy Real Estate Advisors
(714) 833-0722
Listed by
Brent Clemens · License #IL 475.149985
Source
Crexi
Added: Jan 26 Updated: Jul 21 at 3:47AM Checked: Jul 21 at 3:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alchemy Real Estate Advisors
Investment Insights
Based on property information with market context.
Fee simple interest is available for purchase in a 62-room Fairfield Inn select-service hotel located at 4 Gateway Dr, Collinsville, IL. The property is being offered as part of an eight-property Marriott and Hilton select-service hotel portfolio, with each asset sold individually. The asset was transferred to special servicing in March 2020, and a receiver was appointed in March 2025.
According to the offering remarks, the property is available unencumbered by brand, management, and debt, and may provide immediate operational flexibility. The remarks also state that branding conversion options are available for qualifying franchisees, including Marriott City Express, Choice, and Wyndham.
Property tours are available Thursday, February 12, by appointment only, and subject to lender and court approval. The receiver sale is scheduled for the February 25 auction event, with auction terms including a non-contingent earnest money deposit of 10% of the purchase price, and a marketing fee of 3% of the winning bid amount with a $20,000 minimum. Closing is targeted for 15 business days after the later of the lender approval date or court approval date.
According to the offering remarks, the property is available unencumbered by brand, management, and debt, and may provide immediate operational flexibility. The remarks also state that branding conversion options are available for qualifying franchisees, including Marriott City Express, Choice, and Wyndham.
Property tours are available Thursday, February 12, by appointment only, and subject to lender and court approval. The receiver sale is scheduled for the February 25 auction event, with auction terms including a non-contingent earnest money deposit of 10% of the purchase price, and a marketing fee of 3% of the winning bid amount with a $20,000 minimum. Closing is targeted for 15 business days after the later of the lender approval date or court approval date.
Key Highlights
- Fee simple interest for sale in a 62‑room Fairfield Inn select‑service hotel at 4 Gateway Dr, Collinsville, IL 62234
- Year built: 1995
- Offered via receiver sale in the February 25th auction event on Crexi (subject to lender and court approval)
Property Analytics
Location Intelligence
Current Use by Public Records
4 Gateway Drive ...
Parking Lot & Garage
Saint Louis
Hotel & Motel
Fairfield Inn St. ...
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - For sale fee simple interest in a 62-room select-service hotel at 4 Gateway Dr, subject to lender and court approval.
Where is this hotel located?
The property is located at 4 Gateway Dr Collinsville, IL.
What are key features of this property?
This property features: Fee simple interest for sale in a 62‑room Fairfield Inn select‑service hotel at 4 Gateway Dr, Collinsville, IL 62234; Year built: 1995; Offered via receiver sale in the February 25th auction event on Crexi (subject to lender and court approval)
