7350 N Hanley Road, Hazelwood, MO 63042
sale
$5,000,000
|
Other
Courtesy Of Charles Burt Inc.
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Wired
- Building Units: 160
- Floor Covering: Concrete
- MLSID: 255322
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