La Quinta Inn & Suites Pontoon Beach, IL

14 Regency Pkwy, Pontoon Beach, IL 62040

PROPERTY SUMMARY

 

Opportunity 

  • Fee-simple interest in the 65-key La Quinta Inn & Suites

  • Available unencumbered by debt or management

  • Ability to relicense with Wyndham for a new long-term franchise agreement

  • Significant potential for operational improvements with effective hands-on ownership and stronger operating economies of scale

Location

  • Directly situated at the intersection of Route 111 and Highway 270, with high visibility and over 70,000 vehicles passing the location daily

  • Conveniently located near a variety of healthcare demand, including Gateway Regional Medical Center, Anderson Hospital, and the nationally ranked Barnes-Jewish Hospital, the largest hospital in Missouri with 1,266 beds

  • Proximate to all major corporate demand, including Gateway Commerce Center (Amazon, Procter & Gamble, Unilever, Dial Corporation, and Kellogg’s), U.S. Steel – Granite City Works, and Gateway TradePort, a 600-acre industrial park with over 7.5 million square feet of distribution space

  • Conveniently located near all leisure demand, including Horseshoe Lake State Park, Lewis and Clark State Historic Site, and World Wide Technology Raceway, a premier motorsports venue hosting NASCAR and NHRA events

  • Easily accessible to St. Louis’ two primary airports – St. Louis Lambert International Airport, the largest airport in Missouri with over 260 daily departures, and MidAmerica St. Louis Airport, a growing regional hub serving over 300,000 passengers annually

  • Ideally located in the St. Louis MSA, home to approximately 2.8 million people – the largest metropolitan area in Missouri

Carter Benedict

Associate

518.317.0569

cbenedict@paramountlodging.com

 

Andrew Makhlouf

Principal

312.610.9067

amakhlouf@paramountlodging.com

Mike Schlictman

Principal

803.920.4173

mikes@paramountlodging.com