Hannibal Inn & Conference Center


Price:
$600,000

Call for Offers Issued
AUCTION at TEN-X.COM JULY 9–11, 2018

Address :
4141 Market St.
Hannibal, MO 63401


  •  Showings July 2, 2018 by appointment only. Call to schedule an appointment.
  •  Value-added opportunity with large upside.
  •  All concrete structure, walls and floors.
  •  Ability to host large events.
  •  Largest hotel in Hannibal.
  •  Under-utilized property.
    View Map    View Aerial
  •  Hannibal serves as the regional economic, medical, educational and cultural center for northeastern Missouri and west central Illinois.
  •  Hannibal is situated on the Mississippi River and Interstate 72 crosses the river at Hannibal.
  •  Close to Regional Demand Generators, Including...
    •  0.6 Miles to Veterans Business Park
    •  3.4 Miles to Hannibal-La Grange University
    •  3.6 Miles to Mark Twain Boyhood Home & Museum Properties
    •  4.4 Miles to Hannibal Regional Hospital
    •  5.6 Miles to Mark Twain Cave Complex
    •  33 Miles to Mark Twain Lake
  •  242 Rooms - currently operating as a 125 room hotel
  •  Hot Breakfast Area (Seats ±40)
  •  Meeting Space (7,600 Square Feet)
  •  Business Center
  •  Fitness Center
  •  Indoor Pool, Game Room & Arcade
  •  2-Bedroom Manager’s Apartment
  •  2 Stories (3 Stories in West Wing)
  •  Interior Corridors (20 Rooms Have Interior & Exterior Corridors.)
  •  Concrete Structure
  •  Brick Facade
  •  Flat, Built-Up Roof
  •  Asphalt Parking Lot
  •  Built 1968
Financials
2014
2015
2016
2017
T-12Mos 5/18
Occupancy
10.10%
10.56%
9.18%
14.56%
20.44%
Average Daily Rate
$47.98
$47.18
$43.02
$31.29
$25.49
Room Revenue
$428,266
$439,995
$349,956
$337,304
$277,158.
Net Operating Income
$63,400
$102,247
$32,787
$31,387
N/A
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!