18375 Chesterfield Airport RdChesterfield, MO 63005

  • Hospitality properties
  • 16,850 SF
For Sale
$10,000,000 View listing

Property Details for 18375 Chesterfield Airport Rd

Year built
2002
Construction
FRAME
Lot size
2.60 AC
Property size (Sq ft)
16,850 SF
Zone code
105C8
Property type
Hospitality properties
Property subtype
Motels
APN
17W-6-4-009-1
APU
17W640091

Description

This fully renovated, 94-key Comfort Inn & Suites in Chesterfield, MO, presents a rare turnkey investment opportunity. Located in a thriving submarket near major highways and Lambert International Airport, the hotel benefits from a strong and diverse economy driven by healthcare, technology, and corporate offices. Major employers like Bayer and Mercy Health ensure a consistent stream of business travelers, while the area's attractions draw leisure guests. Recently completing its Property Improvement Plan (PIP), this property requires no further upgrades, offering immediate cash flow potential with high operating numbers and growing performance metrics. Chesterfield's consistently strong market performance, rising occupancy rates, and consistent RevPAR growth make this a highly desirable investment. The hotel's strategic location, coupled with its turnkey status and the area's robust demand, positions it for continued success. This is an exceptional opportunity to capitalize on Chesterfield's booming hotel market and acquire a property in a high-performing submarket with significant growth potential. The asking price is $10,000,000. The property is situated at 18375 Chesterfield Airport Rd, Chesterfield, MO 63005, within St. Louis County.

18375 Chesterfield Airport Rd, Chesterfield, Missouri
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Location Insight

City
Chesterfield
County
St. Louis
State
Missouri
Latitude
38.6727
Longitude
-90.6519
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$112,099
$325,790
$948,290
$1,274,080
-
$1,018,100
$2,963,400
$3,981,500

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