for sale
Sleep Inn O'Fallon (near I-64)
140 Venita Dr | O'Fallon, IL 62269
Investment Highlights
- 71 units, three-story, interior corridor property with elevator
- Well located off Interstate 64, just 30 miles to St. Louis Lambert International Airport
- 1 mile from O’Fallon Family Sports Park
- 16 miles to Busch Stadium (St. Louis Cardinals baseball) and Enterprise Center (St. Louis Blues hockey)
- Offered at $45,070/key
- Priced at 4.2x 2024 room revenue
Property Description
The Bowman Post Group of NewGen Advisory is pleased to present for sale the Sleep Inn O’Fallon (near I-64) – O’Fallon, IL. This exceptional property features 71 comfortable rooms across a three-story layout. The Sleep Inn O’Fallon (near I-64) – O’Fallon, IL is ideally situated near O’Fallon City Park—a lively spot for picnics, walks, and outdoor activities. Just 15 minutes away is the O’Fallon Sports Complex, and nearby St. Louis County Parks offer breathtaking hiking trails and peaceful picnic areas.
Location Description
O’Fallon, Illinois, is a vibrant and growing city located in St. Clair County, within the St. Louis metropolitan area. Its advantageous location provides residents with easy access to the cultural and economic opportunities of St. Louis, Missouri, which is just a short drive away. Known for its family-friendly atmosphere, O’Fallon offers a blend of suburban living with access to urban amenities. O’Fallon boasts a strong community spirit, evident in its numerous parks, recreational facilities, and community events.
The city’s proximity to Scott Air Force Base contributes to its diverse population and stable economy. With well-regarded schools, a thriving downtown area, and ongoing development, O’Fallon has become an attractive place for residents seeking a high quality of life, with the added benefit of being near the larger metropolitan region.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Ben Rohlfing
Associate
IL #475205657
(217) 343-0147
brohlfing@newgenadv.com
Brendan “Mac” Bleier
Vice President
CA #02084909
(805) 557-8867
mac.bleier@newgenadv.com
BROKER OF RECORD
Andrew Post
NewGen Advisory IN, LLC
IN #471021750