This 57-key Super 8 is located off Route
61 in Hannibal, Missouri. The property, built in 1985, is situated on a 1.02 acre lot (according to the Marion County Assessor).

The well appointed guest rooms feature a refrigerator, microwave, flat panel TV, complimentary WiFi, coffee/tea maker, and a hairdryer. Family/oversized rooms are also available.

Room Mix
Room Type Rooms Double Queen 38 Single Queen 10 Single Handicap Queen 3 Single Queen Suite 2 Double Queen Family Suite 2 King Suite with Kitchen 2 Total 57

Common area amenities include a seasonal outdoor pool, continental breakfast, business center, guest laundry, WiFi throughout and truck/bus parking. The property is pet-friendly and 100% non- smoking.

The location is convenient to a variety of local businesses and demand generators, including:
• Mark Twain Boyhood Home

• Mark Twain Museum
• Mark Twain Cave Complex
• Mark Twain State Park
• Mark Twain Riverboat
• Hannibal Regional Hospital
• Mississippi River
• Sodalis Nature Preserve
• Riverview Park
• Hannibal History Museum
• Steyermark Woods Conservation Area • BASF Corporation
• Buckhorn Rubber Products
• Watlow Process Systems

Executive Summary

If you are looking for a well kept asset at a price that can flow the cash. We encourage you consider the following  Super 8!

The Super 8 in Hannibal, MO is a 57-key property built in 1985. The property was purchased by current ownership in April of 2021 and has experienced a marked improvement in all performance metrics as well as property condition. A large majority of the PIP has been completed (only large items remaining are case goods). The results of the property improvements have been a T-12 gain in Occupancy of 10%, ADR is up $15 and RevPAR is up $13 from the same period the previous year.

Hannibal, Missouri, which borders the Mississippi River, is a desirable hotel market with abundant local recreational activities. Hannibal was the boyhood home of author Mark Twain and a variety of the local attractions are named after Twain. They include the Mark Twain Boyhood Home & Museum, Mark Twain Cave, Mark Twain Lake and the Mark Twain Riverboat Cruise. Other local demand generators include the Hannibal Regional Medical Center, Sodalis Nature Preserve, Riverview Park, Hannibal History Museum, Steyermark Woods Conservation Area, BASF Corporation, Buckhorn Rubber Products and Watlow Process Systems and Industries.

With the completed property improvements and performance improvements we expect interest in the property to be very high. If you are interested, please reach out soon to schedule a tour.

Property Details

Address
120 Huckleberry Heights Dr., Hannibal, MO 63401
Price
$2,650,000 
Rooms
57 
Price Per Key
$46,491 
Property Type
Limited Service 
Revenue
Call or Email us for more info! :)  
Website
 

Hotel Description

Compelling Investment Considerations

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  • Current owner purchased property in April of 2021 and has improved performance. Owner is Absentee!
  • T-12 Occupancy up 10% from previous year
  • T-12 ADR up $15 from previous year
  • T-12 RevPAR up $13 from previous year
  • Many recent updates…limited Change of Ownership PIP is expected
  • Top ranked economy hotel on TripAdvisor
  • Location is convenient to local attractions such as the Mark Twain Boyhood Home & Museum, Mark Twain Cave, Mark Twain State Park, Mark Twain Riverboat Tour, and the Mississippi River
  • Nearby major employers include Hannibal Regional Medical Center and BASF Corp
  • Well suited for owner/operator

Contact a Broker

Nihar Patel


Topeka, KS
Cell: 785-554-7810
Fax: 316-281-4243