Two-story commercial building featuring tan siding and multiple windows
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Two-story building exterior with multiple units, featuring an exterior staircase, a ground-level building addition, and an asphalt parking area
Wood-finish flooring throughout the main living space
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Wood-finish flooring throughout
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Wood-finish flooring with neutral wall tones
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Built-in cabinetry with a countertop, integrated sink, and compact refrigerator
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Partial wall with built-in cabinetry, upper and lower storage, and a mini-refrigerator
Vanity with wood-finish cabinetry, integrated sink, and wall-mounted mirror
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Built-in vanity with integrated sink, chrome faucet, and expansive wall mirror
Drop ceiling with integrated lighting
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Double stainless steel sink, wood-finish cabinetry, and stone-look countertops
Vanity with an integrated sink and a two-handle faucet
Laundry area featuring multiple white top-load washing machines and front-load dryers
Countertop with multiple stainless steel sinks and chrome faucets
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Reception area with a transaction window, textured wall finish, and tiled flooring
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Concrete flooring, built-in storage cabinetry, fluorescent overhead lighting, and wood-paneled walls in an open area
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Exposed wooden beams, concrete foundation walls, and a finished concrete floor
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Unfinished basement featuring exposed wood joists, concrete walls, painted concrete flooring, and two hot water heaters
This 43 - unit extended-stay hotel presents an excellent opportunity for an investor seeking an established, income-producing property with strong operational history. All rooms have received at least some updates, with select units featuring completely new furniture and appliances. The property has built a strong reputation among guests, reflected in consistently high reviews and positive feedback. Historically, the hotel has maintained high occupancy levels, demonstrating strong and sustained demand for extended-stay accommodations. In recent months, demand has been particularly strong, with the property reaching full occupancy and maintaining waiting lists during certain periods. The extended-stay model provides guests with the convenience and flexibility of longer-term accommodations while offering the owner potential for stable recurring revenue. The combination of updated units, strong guest satisfaction, and proven occupancy makes this property an attractive turnkey investment opportunity. With continued demand and additional opportunities to enhance select rooms, a new owner may have multiple avenues to further improve performance. This is a rare opportunity to acquire an established 40-unit extended-stay property with a proven track record and strong market appeal.
Status: Coming Soon · MLS# 26064691 · Listing Courtesy of Compass Realty Group, [email protected]
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0 Bed
0 Bath
17,600 sq.ft
$0 per sq.ft
Other
$ 1,500,000
Coming Soon
0
26064691
0
0
17,600
Shepherd Place
Hannibal
Hannibal 60
Marion
Residential Income
Other
Residential Income
$19,330
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 1215 Paris Avenue, Hannibal, MO 63401 | 2/1 | 1,668 | $129,000 | $126,870 98.3% of ask |
Oct 9, 2026 |
| 210 Stone Ridge Drive, Hannibal, MO 63401 | 3/2 | 1,407 | $282,000 | $276,000 97.9% of ask |
Oct 7, 2026 |
| 22 Hibiscus Lane, Hannibal, MO 63401 | 4/2 | 2,050 | $319,000 | $319,000 100% of ask |
Oct 6, 2026 |
| 608-610 Center Street, Hannibal, MO 63401 | 0/0 | 3,170 | $180,000 | $170,000 94.4% of ask |
Oct 6, 2026 |
| 114 S Arch Street, Hannibal, MO 63401 | 2/1 | 912 | $95,000 | $90,000 94.7% of ask |
Oct 2, 2026 |
| 917 Broadway, B, Hannibal, MO 63401 | 0/0 | -- | $1,200 | $1,200 100% of ask |
Oct 1, 2026 |
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Prefilled with the national 30 year fixed average, 7.4% as of Oct 8, 2026 (Freddie Mac). Your rate will differ. Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.
This 43 - unit extended-stay hotel presents an excellent opportunity for an investor seeking an established, income-producing property with strong operational history. All rooms have received at least some updates, with select units featuring completely new furniture and appliances. The property has built a strong reputation among guests, reflected in consistently high reviews and positive feedback. Historically, the hotel has maintained high occupancy levels, demonstrating strong and sustained demand for extended-stay accommodations. In recent months, demand has been particularly strong, with the property reaching full occupancy and maintaining waiting lists during certain periods. The extended-stay model provides guests with the convenience and flexibility of longer-term accommodations while offering the owner potential for stable recurring revenue. The combination of updated units, strong guest satisfaction, and proven occupancy makes this property an attractive turnkey investment opportunity. With continued demand and additional opportunities to enhance select rooms, a new owner may have multiple avenues to further improve performance. This is a rare opportunity to acquire an established 40-unit extended-stay property with a proven track record and strong market appeal.
Purchase a piece of Hannibal history! This historic two-story home sits on four lots and offers a unique opportunity to restore a piece of the community's past. Whether you're looking for a home project or an investment opportunity, this property has plenty of potential. The home has been started with the renovation process already underway, including new electrical wiring, replacement windows, and HVAC. With the major updates underway, the next owner can bring their vision to life and complete the transformation. Situated on four lots, 0.57 acres, the property also offers plenty of outdoor space and potential for additional uses or improvements. Don't miss the opportunity to turn this historic property into something truly special!
Stunning move-in-ready home with finishes you rarely see at this price point! Step right in to this fully renovated home that will blow you away on every aspect of any room from the spacious living area, all-new kitchen complete with quartz countertops & stainless-steel appliances, a tastefully designed bathroom, formal dining area, and absolutely massive bedrooms that require their own zip code. You're already sold... but wait, there's more! This all-in-one masterpiece of a home also has a basement, enormous rear concrete patio, plus off-street parking in the rear. Everything you need, all in one listing. Run, don't walk to see this masterpiece in person!
