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Mark Twain Hotel Apartments 200 S Main St 34 Unit Apartment Building For Sale Hannibal, MO 63401
INVESTMENT HIGHLIGHTS
- Excellent operational upside by converting the property to market as the LIHTC LURA was terminated in August of 2023 with a 3-year decontrol period in
- Hannibal, Missouri is a historic river city best known as the childhood home of Mark Twain, offering rich cultural heritage, scenic views of the Missi
- The property has performed very well historically with a vacancy rate below 2% over the past 12 months
- The property was originally built in 1905 as an upscale hotel, was added to the National Register of Historic Places in 1986 and converted to multifam
PROPERTY FACTS
| Sale Type | Investment | Building Size | 23,278 SF |
| No. Units | 34 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1905/2007 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | B |
| Sale Type | Investment |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Building Size | 23,278 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1905/2007 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Elevator
- Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 28 | $750.00 | 629 - 631 |
| 2+1 | 6 | $850.00 | 943 |
1 1
CONTACTS
-
Scott Timpani -
Jordan Skyles -
Ken Aston -
Andrea Kendrick -
Berkadia Commercial Mortgage LLC
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VIDEOS
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Mark Twain Hotel Apartments | 200 S Main St
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