101 Progress Point Ct
O'Fallon, MO 63368
Residence Inn St Louis O Fallon · Hospitality Property For Sale
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80,837 SF
INVESTMENT HIGHLIGHTS
- Fee simple interest in the institutionally owned and third-party managed 108-room Residence Inn St. Louis O’Fallon, MO
- Ability to relicense with Marriott for a new long-term franchise agreement upon completion of the PIP
- Available unencumbered by debt and management
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.40 AC |
| Building Size | 80,837 SF |
| No. Stories | 4 |
| Year Built | 2006 |
| Parking Ratio | 0.77/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 |
AMENITIES
- Fitness Center
- Pool
- Meeting Event Space
ABOUT 101 PROGRESS POINT CT , O'FALLON, MO 63368
Directly adjacent to and visible from Interstate 64 with over 70,000 vehicles passing the location daily Proximate to all area business demand including Mastercard Global Operations Center, Citi Service Center, True Manufacturing headquarters, Allianz Global Investors, and General Motors Wentzville Assembly plant Located near all local leisure demand including O’Fallon Family Sports Park, National Equestrian Center, and O’Day Park and Amphitheater Across the street from Progress West Hospital and near all area healthcare demand including SSM Health St. Joseph Hospital, and Barnes-Jewish St. Peters Hospital Easily accessible to downtown St. Louis and Lambert-St. Louis International Airport which saw a ~9% YOY increase in activity with approximately 14.9MM passengers in 2023 St. Louis is a top-20 MSA and home to approximately 3MM residents and hosts upwards of 30MM tourists annually
PROPERTY TAXES
| Parcel Number | 3-157E-A076-00-000A.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,478,245 |
