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1303 Veterans Blvd
Festus, MO 63028

Comfort Inn Festus · Hospitality Property For Sale · 42,102 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.08 AC
Building Size 42,102 SF
No. Stories 3
Year Built 1987
Parking Ratio 2.57/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

About 1303 Veterans Blvd , Festus, MO 63028

Property Overview: The Comfort Inn Festus is an 89-room, three-story, interior corridor hotel built in 1988. Well-equipped with numerous common area and guest room amenities, this limited-service upper midscale hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, a work desk, lounge chair, and flat-screen television. Some splendid common area amenities the hotel has to offer consist of a fitness center, business center, and laundry services. Location Overview: Festus, Missouri is a city located in Jefferson County in the eastern region of the state, 35 miles south of St. Louis and 120 miles southeast of the state capital, Jefferson City. The Comfort Inn Festus is superbly positioned on Veterans Boulevard, near Collins Drive and Interstate 55. With the city's major employers and popular revenue generators in close proximity to the property, this sought after hotel benefits from many key industries of the town which include healthcare & social assistance, retail trade, and manufacturing. SBI Inc and Siemens Manufacturing Company, two of the city's largest employers located approximately 25 and 40 miles from the hotel respectively, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the work force include Novus International Inc (45 miles), Roberts Company (40 miles), and Rexam Containers (40 miles). Revenue generators in the area, like Crystal City Underground (2.7 miles) and B&B Theatres Festus 8 Cinema (0.9 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Festus Memorial Airport (2.5 miles), Mercy Hospital Jefferson (1.8 miles), the Twin City Mall (1.6 miles), and the Mastodon State Historic Site (12.3 miles). Festus, Missouri is a city located in Jefferson County in the eastern region of the state, 35 miles south of St. Louis and 120 miles southeast of the state capital, Jefferson City. The Comfort Inn Festus is superbly positioned on Veterans Boulevard, near Collins Drive and Interstate 55. With the city's major employers and popular revenue generators in close proximity to the property, this sought after hotel benefits from many key industries of the town which include healthcare & social assistance, retail trade, and manufacturing. SBI Inc and Siemens Manufacturing Company, two of the city's largest employers located approximately 25 and 40 miles from the hotel respectively, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include Novus International Inc (45 miles), Roberts Company (40 miles), and Rexam Containers (40 miles). Revenue generators in the area, like Crystal City Underground (2.7 miles) and B&B Theatres Festus 8 Cinema (0.9 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Festus Memorial Airport (2.5 miles), Mercy Hospital Jefferson (1.8 miles), the Twin City Mall (1.6 miles), and the Mastodon State Historic Site (12.3 miles).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-3.0-07.0-2-010-002.03
Land Assessment
$174,000
Improvements Assessment
$508,100
Total Assessment
$682,100

zoning

Zoning Code CT1
CT1
  • Listing ID: 13727191

  • Date on Market: 9/7/2018

  • Last Updated:

  • Address: 1303 Veterans Blvd, Festus, MO 63028

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