join our mailing list
 

Best WesternBest Western Camelot Inn
Fairview Heights, Illinois

SOLD!

Located adjacent the St. Louis Metropolitan area, the Best Western Camelot Inn has 55 guest rooms including 4 suites. The property has a 3 bedroom, 2 bath manager's apartment with a dining room, kitchen and a private fenced yard. This property recently completed a PIP, is very clean and in excellent condition. Softgoods and casegoods have been replaced within the last year as well. There is high-speed internet throughout the building and micro-fridges in all rooms.

The property is situated with easy access to Interstate 64 and in proximity to several local restaurants. In addition, the St. Louis area's third largest mall is only minutes away.

This property has a history of positive NOI and a $245K plus NOI in 2008. The room revenues were $593K in 2007 and $569K in 2008. The occupancy rate for 2007 was 49% and the 2008 occupancy was 47%. The property is in excellent condition as a PIP was recently completed. No Near-term PIP expense is expected. The property also scored 987 of 100 possible points on it's quality inspection in May of 2009.

  • $245K Plus NOI for 2008
  • 55 Guest Rooms
  • Minimal Near-Term PIP
  • $569K Revenue in 2008
  • History of Positive NOI

Submit a Confidentiality Agreement

Demand Generators

  • 12 Miles from St. Louis
  • St. Clair Mall
  • Our Lady of the Snows
  • Scott Air Force Base
  • Fairmount Race Track
  • Casinos
  • Golf
  • St. Louis Art Museum
  • St. Louis Convention Center
  • Anheuser-Busch Brewery

For more information on this property, contact:

Michael Burgett
Chief Operating Officer &
Managing Partner
317-509-9200 - Office
866-799-1708 - Fax
Contact:



 
Front Airport Econolodge Indianapolis AirportExterior View
 
     
 
Airport Econolodge Indianapolis Airport Lobby King Room
 
     
 
Airport Econolodge Indianapolis Airport Pool Breakfast Area
 
     

See our other listings!

 

 

 

The information contained on this page has been obtained from sources believed to be reliable. While we do not doubt its accuracy or credibility, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm the accuracy and completeness of this information. Any projections, estimates, assumptions or opinions used are for example only and do not represent or guarantee the current or future performance of the property. In considering this property, you should conduct an independent investigation of the property and consult with tax, financial and legal advisors to determine the property's suitability. This information is confidential, and for the sole purpose of identifying properties that are being offered for sale. All correspondence and inquiries should be made directly to Ron Burgett, and not to the hotels staff or management directly.

 
   
Hospitality Sales Group, LLC • 6302 Rucker Rd. Suite K, Indianapolis, Indiana 46220 • 317-254-2100 •

Hotel Listings - Franchising - Hotel Evaluation - Online Confidentiality Form - About HSG - Ron Burgett - News Releases - Contact Us

 

 

 

 

 

 

Hospitality Sales Group. Buy hotels and sell hotels. Hotel Brokerage, hotel investment, hotel investments. Alabama, Alaska, Arizona, Arkansas,Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New, Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode, Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming