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2423 Old Country Inn Dr
Caseyville, IL 62232

Americas Best Inn · Hospitality Property For Sale · 39,470 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.25 AC
Building Size 39,470 SF
No. Stories 2
Year Built/Renovated 1990/2016
Parking Ratio 2.08/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Pool
  • Spa

About 2423 Old Country Inn Dr , Caseyville, IL 62232

Caseyville, IL is 10 miles east of downtown St. Louis on I-64. Caseyville had a population of 4,425 in the 2010 census and is just outside the St. Louis metropolitan area. The property is only 8 miles from Busch Stadium where the St. Louis Cardinal’s baseball team plays over 80 regular season home games a year. Scott Trade Center, where the St. Louis Blues ice hockey team plays over 40 regular season games a year, is also about 8 miles away. The property has been well maintained. 52 of the units were built in 1986. The remaining 31 units were built in 1996. With its concrete construction and metal roof the property has a long future life expectancy. There have been many recent improvements. New carpet, padding and cove base was replaced in 46 rooms, hallways and stairways in January 2017. All rooms, hallways and lobby have been painted. The phone system has been replaced. The fire panel and all accessories have been replaced at the cost of $25,000. An ice machine and water heater have been replaced. Granite vanities and tub surrounds have been installed. Ceramic tiles have been installed on the bathroom floors. The building exterior has been painted. Gutters and face boards have been repaired and replaced as necessary. New furniture was also recently installed. The owner performed the above improvements to convert to a Days Inn or other franchise but plans changed when their son was not interested in running the hotel. That is why they decided to sell. To complete the Days Inn conversion the owners feels only the following are needed: new bedding and curtains, some improvements in the breakfast and public areas and signage. Potential buyers should solicit a property improvement plan from Days Inn to confirm. A Days Inn or other franchise conversion should increase revenues substantially. Please contact us at your convenience to arrange a tour of this property. In cooperation with Allison Hansen (IL Lic # 475132447)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-24.0-100-063
Land Assessment
$130,685
Improvements Assessment
$546,349
Total Assessment
$677,034

zoning

Zoning Code B-2 (B-2 zoning in Caseyville, Illinois is a general business zone district.)
B-2 (B-2 zoning in Caseyville, Illinois is a general business zone district.)
  • Listing ID: 15988335

  • Date on Market: 5/8/2019

  • Last Updated:

  • Address: 2423 Old Country Inn Dr, Caseyville, IL 62232

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