Investment Overview

The La Quinta Inn & Suites by Wyndham St. Louis Westport is an upper midscale interior corridor property featuring 131 rooms across four stories. Located at 11805 Lackland Road in St. Louis, Missouri, the hotel features various common area amenities including an outdoor pool, business center, fitness center, sundries mart and 600 square feet of meeting and event space. The hotel ownership has pridefully maintained the property, recently investing over $350,000 in capital expenditures. The Property is strategically located surrounded by a multitude of strong demand generators, including corporate, group, leisure, and entertainment attractions. The presence of prominent corporations such as Centene Corporation, Emerson Electric Company and Edward Jones ensures a steady flow of corporate travelers seeking accommodations and services. Additionally, the area benefits from its proximity to renowned group demand generators like the St. Charles Convention Center and the America’s Center Convention Complex, attracting conferences, trade shows, and large-scale events throughout the year. Moreover, leisure travelers are drawn to nearby attractions such as the St. Louis Zoo, the Gateway Arch and Gateway Arch National Park, and Busch Stadium (MLB – St. Louis Cardinals), offering cultural enrichment and entertainment for tourists and families. Furthermore, the presence of the Hollywood Casino Amphitheatre adds another layer of entertainment, attracting music enthusiasts to enjoy concerts and live performances. Westport Plaza, nestled in St. Louis, Missouri, sits at the crossroads of I-270 and Page Avenue. Spanning 42 acres, this vibrant development serves as a hub for commerce, leisure, and entertainment. Conceived by the renowned St. Louis developer, Thomas J. White, it welcomed its first visitors in 1973. Since then, it has expanded to encompass over 700,000 square feet of office space, dining establishments, and entertainment facilities. Highlighted attractions include the Rawlings Experience Retail Store, which offers sports fans and athletes an unforgettable, immersive experience at its new world headquarters location. Guests can indulge in a variety of dining and drink options, with nine restaurants available, including a modern rooftop bar, traditional diner fare, and Japanese cuisine, among others. Entertainment options abound, catering to diverse preferences, such as the Westport Playhouse, Funny Bone Comedy Club, and Backstreet Jazz and Blues. La Quinta Inn & Suites Wyndham St. Louis Westport benefits from its strategic location near St. Louis Lambert International Airport, a major transportation hub serving the St. Louis metropolitan area. Situated approximately seven miles away, St. Louis Lambert International Airport offers convenient travel options for both domestic and international guests, enhancing the accessibility of the hotel to a broader range of travelers. This close proximity ensures that visitors to La Quinta Inn & Suites Wyndham St. Louis Westport have easy access to transportation, making it an attractive destination for business, group, and leisure travelers alike. In April 2024, the 12-month average RevPAR in the St. Louis Northwest hotel submarket was rising at an annual rate of 3.6%. A prospective investor could financially benefit from this healthy, growing marketplace, potentially realizing higher future earnings and a better return on investment. The La Quinta Inn & Suites by Wyndham St. Louis, a member of the esteemed Wyndham Hotels & Resorts brand, benefiting from affiliating with Wyndham in numerous ways. La Quinta by Wyndham embodies the hospitality excellence associated with Wyndham’s renowned brand, offering modern rooms designed for comfort and convenience, complemented by included breakfast and pet-friendly policies. Additionally, amenities such as a refreshing pool and complimentary Wi-Fi further enhance the stay, making La Quinta the ideal choice for travelers seeking modern comfort and value. This offering provides an investor the ability to acquire the Property unencumbered by management or existing debt, presenting an exceptional operational opportunity for robust revenue growth through strategic implementation of aggressive yield management strategies.