Bank Owned, Foreclosed Red Roof Inn (Closed) 307 Dunn Rd

Bank Owned, Foreclosed Hotel
Berkadia Hotels & Hospitality (“Berkadia”) is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the Closed Red Roof Inn St Louis Florissant (the “Property”), a 102-room hotel strategically located directly off Interstate 270 and only 5.4 miles from St Louis Lambert International Airport. The Property boasts an irreplaceable and highly accessible location in close proximity to many demand drivers.
The city of Florissant is in northern St Louis County, just northeast of the St Louis Lambert International Airport. Residents and visitors in this part of St Louis County have convenient access to all other parts of the metro area via Interstates 270, 70, and 170. Florissant is home to over 51,400 residents, making it the largest city in St Louis County and the 12th-largest city in Missouri. The more than 13-square-mile city encompasses about 1,140 businesses and over 57 retail centers. Florissant is also within 15 to 20 miles of major employment hubs in Clayton and Downtown St Louis.
The Property presents a unique value-add opportunity to renovate and open a hotel ordered by Florissant Valley Fire Protection District to close in March 2024. Furthermore, the Hotel is being offered unencumbered of brand, so a buyer will be able to choose their preferred flag.