Drury Inn & Suites Fairview Heights, IL
12 Ludwig Drive Fairview Heights, IL 62208
PROPERTY SUMMARY
Opportunity
- Fee simple interest in the 136-key Drury Inn & Suites Fairview Heights, IL
- Well-built concrete and steel constructed asset available at a substantial discount to replacement cost
- Offered unencumbered by debt, management, and brand with the ability to convert to another national hotel flag
- Attractive alternative brands available from Marriott, Hyatt, IHG, Sonesta, Choice, and Wyndham
- Strong historic top-line and bottom-line performance, indicating significant operational upside post-repositioning for a new buyer
Location
- Immediate visibility and access from Interstate 64 with over 100,000 vehicles passing the location daily
- Fairview Heights is a significant retail hub in Southern IL with numerous shopping centers, including St. Clair Square Mall, approximately one mile from the property
- Strategic location near key demand drivers including Scott Air Force Base, Gateway Commerce Center, Memorial Hospital Belleville, Memorial Hospital East, HSHS St. Elizabeth’s Hospital, O’Fallon Family Sports Park, and Urban Air Adventure
- Easily accessible to all broader regional demand, including Busch Stadium, Edward Jones Dome, Scottrade Center, Gateway International Raceway, Fairmont Park Racetrack, and Forest Park
