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Street View
$1,500,000
Monthly Est:$7,466
8 Beds
7 Baths
17,600sqft
3604 Mcmasters Ave, Hannibal, MO 63401
$1,500,000
$7,466/moEst:
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Multi Family
Built in 1935
$-- HOA
22,651.2 sqft lot
$85/sq.ft
Description
This 45 - 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 45-unit extended-stay property with a proven track record and strong market appeal.
- Houzeo last checked: 2 hours ago
- Listing updated: October 14, 2026 at 6:01 pm
- Listing Provided by: Ryan Farber (636) 439-7243 , Andrew Scanlan | Compass Realty Group (314) 347-1658
- Source: MARIS MLS-MO as distributed by MLS GRID | MLS#: MIS26064691
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1935
HOA Fees
-
Finished Area
17,600 sqft
Lot Size
22,651.2 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS26064691
MLS Status
Active
Days on Market
26
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 7
Interior
Exterior Features
Awning(s), Balcony
Heating
Electric
Cooling
Multi Units, Varies By Unit, Wall/window Unit(s)
Appliances
Microwave, Free Standing Refrigerator
Construction
Year Built
Year Built: 1935
Home type
Multi Family
Construction Materials
Brick, Brick Veneer, Concrete, Frame, Glass, Other, Plaster
Architectural Style
Other
Foundation Details
Concrete Perimeter, Stone
Utilities & Energy
Electric
Ameren, Other
Laundry Features
Common Area, Laundry Room, Lower Level, Multiple Locations
Basement
Unfinished
Parking Features
Common
Water Source
Public
Utilities
Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Patio And Porch Features
Awning(s), Covered
Subdivision Name
Shepherd Place
Disclosures
Agent Owned, Flood Plain No
Price History
| Date | Event | Price |
|---|---|---|
10/14/2026 Source: | Listed for Sale | $1,500,000 $85/sqft |
10/09/2026 Source: | Coming Soon | $1,500,000 $85/sqft |
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Based on information from Mid America Regional Information Systems, Inc. through Nov 05, 2026, 12:46PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is
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