120 LINDSEY DR Hannibal MO 63401-6758

Thank you for your interest in the 94-room Quality Inn and Suites strategically located near major cities, including Quincy, Illinois, and 2 hours North of St. Louis, Missouri.

Highlights & Location:

• Long term absentee ownership

• Prime location in the city

• This limited-service hotel has a fully operational bar and 4800 sq feet of meeting space.

• The hotel is currently underperforming the comp set running at an average occupancy of 59% at a $105 rate while the market is at 67% at $124 rate showing the upside with on-site management and operational optimizations.

• PIP estimated at $490k

Corporate Generators:

• General Mills

• BASF

• Watlow Electric Manufacturing Company

• Hannibal Regional Healthcare System

• Local Agriculture

Demand Generators:

• Mark Twain Boyhood Home and Museum

• Mark Twain Cave Complex

• Mississippi Riverfront

• Rockcliffe Mansion

• Hannibal Trolley Tours

• Molly Brown Birthplace and Museum

• Sawyer's Creek Fun Park

• Riverview Park

• Hannibal History Museum

• Hannibal Arts Council Gallery

LOAN & FINANCING:
This hotel will qualify for a USDA, SBA 7A, SBA 504 loan with 20% down. H3O Capital with Hotel Brokers of America will be able to connect a new buyer with a direct lender directly.

Missouri Broker of Record:

Brian Brockman
Bor@bangrealty.com
MO DRE 2017032771

Bang Realty-Missouri Inc

Highlights & Location:

• Long term absentee ownership

• Prime location in the city

• This limited-service hotel has a fully operational bar and 4800 sq feet of meeting space.

• The hotel is currently underperforming the comp set running at an average occupancy of 59% at a $105 rate while the market is at 67% at $124 rate showing the upside with on-site management and operational optimizations.

• PIP on file and estimated at $750k