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