Florissant Real Estate
Florissant, MO 63033
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- 1970Year Built
- 3.62Acres
- MLS# 60305549
- Multifamily
- Apartment Building
- Active
- Approx Time on Market5 days
- AreaSt. Louis
- CountySt. Louis
- Subdivision St. Louis-not In List
Overview
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.
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
Year Built: 1,970
Transaction Type: Sale
Financial
Garage / Parking
Interior Features
Lot Info
Acres: 3.62
Marina Info
Misc
Inside City Limits: Yes
Other
Foreclosure: No
Property Info
View: No
Buildings: Two Stories
Zoning: G
County: St. Louis
Property Type: B
Sale / Lease Info
Will Sell: Cash,1031 Exchange,Conventional
Possession: At Closing
SqFt Info
Sqft Finshd Unfnshd: 5000 or more
Tax Info
Tax Year: 2,024
Unit Info
Num Units: 160
Utilities / HVAC
Water: City Water
Heating: Other - See Remarks
Cooling: Other - See Remarks
Sewer: City Sewer
Utilities: Master Meter
Waterfront / Water
Lake River: None
Waterfront View: None
Listings courtesy of Charles Burt Realtors
Listings courtesy of Southern Missouri Regional MLS as distributed by MLS GRID. The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange ("IDX") of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Landmark Brokers are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR© that have not been displayed on this site. Southern Missouri Regional MLS, LLC.