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Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale
of the Holiday Inn Express St. Louis Airport-Riverport

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November 8, 2012 - Warmbrodt Hotel Investments, Inc. ("WHI") has been retained as the Exclusive Agent to advise in the sale of the Holiday Inn Express St. Louis Airport- Riverport.

The property represents an excellent acquisition opportunity for a local, regional or national owner looking to acquire an asset with increasing operating metrics and cashflow, substantially below replacement cost. Built in 1988, the Property is a 6-story, interior-corridor, select service hotel that consists of 177 guest rooms. Overlooking a lake and located near the St. Louis Airport, the hotel offers close proximity to companies such as Edward Jones, Talx, Ally Financial, Monsanto, Worldwide Technology, Elsevier and Boeing Defense, Space & Security. Amenities include a 2,200 square feet meeting space, business center, outdoor pool, fitness center and large breakfast area.

INVESTMENT HIGHLIGHTS
  • Pricing reflects a current Capitalization Rate of 9%
  • Excellent location on Interstate 70, west of Interstate 270 and Lambert-St. Louis International Airport in the western suburb of Maryland Heights; proximate to major businesses and attractions
  • The Property is offered unencumbered by management
  • The Offering Price is equal to a discount to replacement cost of approximately 70%
  • The Property offers the opportunity to maintain the nationally recognized franchise of Holiday Inn Express, or the option to reposition the property to a new franchise such as Hyatt Place or Doubletree
  • Property RevPar grew a very impressive 32.9% from 2010 thru 2012
About Warmbrodt Hotel Investments, Inc.
WHI is a growing real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States.

For further information about this property and other current hotel property offerings, please contact Herb Warmbrodt in Kansas City at (913)381-3737, [email protected] or Zane Varvel in Chicago at:  (312) 262-5930, [email protected].


Contact:

Warmbrodt Hotel Investments
Kansas City Office
2020 West 89th Street
Leawood, KS 66206 
913-381-3737

Chicago Office
22 W. Washington Street, Suite 1500
Chicago, IL 60202
312-262-5930

 [email protected]
www.whikc.com


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