 KANSAS
CITY, Missouri, March 13, 2008 - Warmbrodt Hotel Investments, Inc. (�WHI�)
announced today it has been selected to advise LHM, Inc. in the in the
disposition of the Holiday Inn Forest Park. This full service, seven-story,
119 room interior-corridor property offers a convenient mid-town location
in the charming Italian neighborhood of The Hill. The property is highly
visible and ideally situated on Wilson Avenue, in the southeast quadrant
of Hampton Avenue and Interstate 44, making it easily accessible to West
County as well as the St. Louis Zoo, St. Louis Art Museum, Missouri History
Museum, Muny Theatre, The Science Center, The Jewel Box, Barnes-Jewish
Children�s Hospital, and Washington University. The property is also in
close proximity to downtown St. Louis, Busch Stadium, Laclede�s Landing,
riverboat casino gambling, Anheuser Busch Brewery, Edward Jones Dome, Soulard
and the infamous St. Louis Arch. Forest Park is located less than 1 mile
from the hotel and it offers great trails for running, biking or rollerblading.
Additionally, the hotel is proximate to a 26-acre site that will be developed
into a retail center and office complex, according to the St. Louis Development
Corporation.
Herb Warmbrodt, President of WHI said, �We are pleased to be working with the owner of the Holiday Inn Forest Park. The property�s excellent location to the major St. Louis attractions and market growth opportunities, make this an excellent investment opportunity.� For more information regarding the Holiday Inn Forest Park, please call Herb Warmbrodt or Zane Varvel at 816-960-4747 or email them at [email protected] / [email protected] . Warmbrodt Hotel Investments, Inc. (�WHI�) is a Kansas City based, hotel real estate firm that specializes in the disposition, acquisition and financing of hospitality related assets throughout the United States. |
The
93,872 square foot Holiday Inn Forest Park was recently renovated in 2006
and has been very well maintained. Amenities include a health and fitness
center, outdoor swimming pool, business center with over 1,400 square feet
in flexible meeting space, a full service restaurant and updated contemporary
lounge. The property represents an excellent investment opportunity purchase
an asset with growing revenues and a strong financial performance.