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    Upper Palmiste Rd St St. Louis, MO 63101

    Sponsored
    For Sale
    $11,450,000

    8,500 sq ft Hotel, 10 Acres, High Revenue

    Property size:
    8,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional St. Louis, MO hotel boasts 8,500 square feet on a 10-acre lot, featuring 29 well-appointed rooms, a restaurant with 20 tables, a tranquil spa with three treatment tables, and three community pools plus four private splash pools. The property includes a 22kW solar electric system, significantly reducing energy costs. Currently staffed by 25-30 employees, it offers organized tours and convenient transportation options. Its prime location is a short walk from Soufriere town and beautiful beaches. Financial performance is strong, with 2023 revenue reaching $2.6 million and a projected $3.7 million for 2024, based on a forecasted 80% increase in occupancy rate (currently 72%) and a projected average daily rate (ADR) of $392. The property benefits from incentives under the local Tourism Act. Exceptional guest reviews include a 2023 "Best of the Best" (Top 1%) TripAdvisor award and a 2022 Traveler's Choice (Top 10%) award. Ample parking is available with 16 spaces. Significant growth potential exists through value-added development and service expansion. The asking price is $11,450,000.

    Property Features for 0 Upper Palmiste Rd St

    General Information

    Property type
    Hotels
    Square Feet
    8,500 SF
    Lot Size
    435,600 SF

    HighLights

    • 8,500 SF hotel on a 10‑acre lot in St. Louis, MO.
    • 29 guest rooms, restaurant (20 tables), spa (3 treatment tables), and 7 pools.
    • 22kW solar electric system.
    • Strong financial performance: $2.6M revenue in 2023, projected $3.7M in 2024.
    • Awards include 2023 TripAdvisor "Best of the Best" (Top 1%) and 2022 Traveler's Choice (Top 10%).
    • 16 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1928216
    Latitude
    38.6305392

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    FAQs

    What type of property is this?
    Hotel - 8,500 sq ft Hotel, 10 Acres, High Revenue
    Where is this hotel located?
    The property is located at Upper Palmiste Rd St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $11,450,000.
    What are key features of this property?
    This property features: 8,500 SF hotel on a 10-acre lot in St. Louis, MO.; 29 guest rooms, restaurant (20 tables), spa (3 treatment tables), and 7 pools.; 22kW solar electric system.
    Request Owner's contact information
    Upper Palmiste Rd St St. Louis, MO 63101
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    St. Louis, MO 63101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

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    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Upper Palmiste Rd St St. Louis, MO 63101
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