Active
3604 McMasters Avenue
Hannibal, MO 63401
$1,500,000
0 beds · 0 baths · 17,600 sq ft
Listing office: Compass Realty Group
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About this home
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.
Home facts
- Bedrooms
- 0
- Bathrooms
- 0
- Living area
- 17,600 sq ft
- Lot size
- 0.52 acres
- Property type
- Residential Income · 5 Family or More
- Year built
- 1935
- Subdivision
- Shepherd Place
- Days on market
- 10
- Listed on
- Oct 14, 2026
- Listing office:
- Compass Realty Group, 314-347-1658
- Listing agent:
- Ryan Farber
- MLS number:
- 26064691
Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com
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MARIS data last updated at October 24, 2026 at 4:15 AM CDT.
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