Florissant, MO 63033,7350 N Hanley RD
Florissant, MO 63033,7350 N Hanley RD
Florissant, MO 63033,7350 N Hanley RD
Florissant, MO 63033,7350 N Hanley RD
Florissant, MO 63033,7350 N Hanley RD
Florissant, MO 63033,7350 N Hanley RD
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$ 5,750,000
Est. payment | /mo

3.62 Acres Lot


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$ 5,750,000
Est. payment | /mo
Save

3.62 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision St. Louis-Not In List

MLS Listing ID SOM60305549

Year Built 1970

Annual Tax Amount $73,524

Tax Year 2024

Lot Size 3.620 Acres

Acres 3.62

Property Sub-Type Multi Family

Source somo

Property Description

This a rare investment opportunity near the St. Louis airport with unmatched visibility. This 160-unit motel is positioned for continued hospitality use or a conversion into modern studio apartments, with the City of Hazelwood supportive of either direction. Ownership has already invested over $3.5 million in improvements including a new roof, upgraded electrical, updated plumbing, and substantial interior and exterior remodeling now underway. While the project requires completion, the major work is done, creating a turnkey path for its next owner. Located near Boeing's new large-scale facility, the property benefits from strong demand for extended stay lodging and workforce housing, making it an exceptional opportunity for investors and developers.

Location

State MO

County St. Louis

Zoning G

Direction The property is easily accessible from I-270 by taking Exit 28 onto N Hanley Rd or from St. Louis Lambert International Airport by heading west on I-70, taking Exit 237A, and continuing north on N Hanley Rd about two miles where the site will be on the right.

Interior

Heating Other

Cooling Other - See Remarks

Fireplace No

Heat Source Other

Exterior

Utilities Available Master Metered

Waterfront Description None

Building

Sewer Public Sewer

Water City

Schools

Elementary Schools Armstrong

Middle Schools Hazelwood West

High Schools Hazelwood West

Others

Acceptable Financing Cash, 1031 Exchange, Conventional

Listing Terms Cash, 1031 Exchange, Conventional

Listed by Kortni Johnson Charles Burt Realtors

GET MORE INFORMATION

Westgate Realty
Westgate Realty

Broker | License ID: 2019046646

+1(417) 257-2733

740 N Kentucky Ave, West Plains, MO, 65775, USA

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7350 N Hanley RD