HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the 119-guestroom Motel 6 Caseyville, IL (“Hotel” or “Property”), situated at 2431 Old Country Inn Dr, Caseyville, IL 62232.
The acquisition of the Motel 6 Caseyville, IL presents a compelling value-add opportunity, driven by strong transient demand from Interstate 64, limited new supply pressures, and its close proximity to St. Louis, MO. Situated just nine miles from a top 25 MSA, the property is well-positioned to capture demand from a diverse set of corporate, leisure, healthcare, and higher education generators, including seven Fortune 500 headquarters, major convention centers, renowned museums, and five universities. An investor can also capitalize on opportunities to revamp operations and implement cost control initiatives.
Excellent Visibility and Location Near Major Highway
Located just off Interstate 64—only about nine miles from downtown St. Louis—this Hotel in Caseyville benefits from outstanding visibility and exceptional highway accessibility. The property sits prominently near the interstate exit, making it easy for travelers to spot and reach quickly.
No New Supply.
There are no properties currently proposed, planned, or under construction, and the Motel 6 is one of only four Hotels in the entire City.
Majority Walk-in Guests
Due to mostly walk-in guests, the Property has higher ADR and lower OTA commissions. This allows an owner to have substantial growth in the bottom line.
Upside from Replacing Existing Management
An investor can seek to revamp the operations of the Hotel, implement strategic cost control initiatives, and employ more aggressive yield management strategies.
Minimal PIP Requirement
An investor can prioritize optimizing hotel operations rather than allocating significant resources to renovation projects.