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WS Hotel in St. Louis - $11 million

The 78-unit luxury WS Hotel in St. Louis is being offered for sale by Western United Life Assurance Co., which foreclosed on the property last fall. The list price is $11 million. The developer spent $16 million to acquire and rehab the building in 2001, taking a $13.3 million loan from Western.

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The WS building has 131,000 square feet and a basement, including a total of 91,000 square feet of living space.

Averaging 1,050 square feet per unit, it has 22 studios, 41 one-bedroom units and 15 two-bedroom units.

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Post a comment — Trackback URI RSS 2.0 feed for these comments This entry (permalink) was posted on Monday, October 10, 2005, at 10:15 pm by tomhanna and categorized in Other corporate.