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$1,500,000 Coming Soon
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Property Description
This 43 - 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 40-unit extended-stay property with a proven track record and strong market appeal.
Full Property Details
Full Property Details for 3604 McMasters Ave
General
- Price: $1,500,000
- Taxes: $19,330 (2025)
- Status: Coming Soon
- Type: Single Family
- Source: MARIS
- MLS ID: 26064691
- Updated: 10/9/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Microwave, Free-Standing Refrigerator
Parking
- Parking Features: Common
Location
- Area: 533 - Hannibal
- County: Marion
- Township: Hannibal
- Subdivision: Shepherd Place
School Information
- High School District: Hannibal 60
- Elementary School: Veterans Elem.
- Middle School: Hannibal Middle
- High School: Hannibal Sr. High
Heating & Cooling
- Cooling Type: Multi Units, Varies by Unit, Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Water: Public
- Utility Description: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Other
- Basement: Yes
- Basement Desc.: Unfinished
- Square Feet: 17,600
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651.2
- Lot Size Source: Public Records
- Frontage: City Street, Highway
Financial Considerations
- Tax Amount: $19,330
- Tax Year: 2025
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Inclusions: Building, Business, Other - Contact Agent
- Disclosures/Reports: Agent Owned, Flood Plain No
- Property ID: 010.09.30.2.01.007.000
Listed by Compass Realty Group
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Schools
Schools serving 3604 McMasters Ave
School District:Hannibal 60 School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3604 McMasters Ave
Date
Details
Price
Change
Source
10/09/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3604 McMasters Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,330
-10%
$258,720
5%
2024
$21,434
20%
$246,410
—
2023
$17,854
1%
$246,410
—
2021
$17,719
-1%
$246,410
—
2022
$17,823
1%
$246,410
10%
2021
$17,719
8%
$224,000
—
2020
$16,462
—
$224,000
—
2019
$16,426
135%
$224,000
—
2014
$7,000
—
$224,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3604 McMasters Ave
3604 McMasters Avenue, Hannibal, MO 63401 (MLS# 26064691) is a Single Family property with 0 bedrooms and 0 full bathrooms. 3604 McMasters Avenue is currently listed for $1,500,000 and was received on October 09, 2026. Want to learn more about 3604 McMasters Avenue? Do you have questions about finding other Single Family real estate for sale in Hannibal? You can browse all Hannibal real estate or contact a Coldwell Banker agent to request more information.
