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"REAL ESTATE AUCTION"

241 ROOM HANNIBAL INN & CONFERENCE CENTER
Thursday, October 4 - 11:00AM
4141 Market Street
Hannibal, MO  

PLUS
A RESIDENTIAL HOME WITH TENNIS COURT,
PLUS
6± ACRES OF BARE LAND,

241 Room Full Service Hotel & Conference Center
134,952 Sq. Ft. Three Story Building on 8.75± Acres

Built New in 1968 with additions in 1975, 1976 and 1984
Restaurant, Coffee Shop & Bar Located in Building
Conference Center Facilities
with seating for 700+ (the largest in the region)
Fun-Dome with Indoor Swimming Pool, Whirlpool, Sauna,
Putting Green, Shuffleboard, Billiards, Workout Area

3 Suites, 39 Poolside Doubles, 24 King Rooms
77 Queen Rooms & 98 Double Double Rooms
Interior & Exterior Corridors
Drive Under Canopy, Sprinkler System
Zoning F- Industrial District

Hannibal, America’s Hometown, is the childhood home of the famous Mark Twain and the setting of his The Adventures of Tom Sawyer and Adventures of Huckleberry Finn. Step back in history to enjoy the history and splendor of a quaint river town. Community hosts various groups and tours throughout the year.

MANNER OF SALE:
Auction will be held on-site at the Hannibal Inn & Conference Center
4141 Market Street, Hannibal, Missouri.
The property will be offered as 3 Tracts. The tracts will be offered individually and then as an entirety.

TRACT 1: 241 Room Full Service Hotel and all Personal Property.

TRACT 2: Single Family Home, adjacent to Hotel Property, and Tennis Court. 1,480 Sq. Ft. 3-Bedroom, 2-Bath, Full Basement. Home would be perfect for on-site manager and/or owner.

TRACT 3: 6± Acres of Bare Land. Located adjacent to the hotel property. Excellent opportunity for expansion, parking, etc.

Property Operated Until May 2007!
Original Owner is Retiring!
Excellent Branding Opportunity for New Management Team!
Property is located on the busy intersection of US 61 and Market Street

REAL ESTATE INSPECTIONS:
The property will be open for inspection on:
Thursday, September 20, 1:00PM-5:00PM;
Friday, September 21, 1:00PM-5:00PM;
Wednesday, October 3, 1:00PM-5:00PM;
Thursday, October 4, 9:00AM-11:00AM;
Other times by appointment.

BROKER PARTICIPATION:
Broker Participation is welcome, but not required. A 2% Commission will be paid to the licensed real estate broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his own behalf, or on the behalf of any business entity in which he/she holds an interest, is not entitled to a commission.


Click Here for Auction Brochure

 
Payment Info: $100,000 Certified Deposit (Tracts 1 & 4)or $10,000 Certified Deposit (Tracts 2 & 3)due on day of sale, balance due within 30 days.
 
Full Terms: REAL ESTATE TERMS:
7% Buyer Premium. $100,000 Certified Deposit due on day of sale for Tracts 1 & 4 or $10,000 Certified Deposit for Tracts 2 & 3 due on day of sale, balance due within 30 days. Anyone wishing to obtain a bidder number will need to show either $100,000 Certified Funds or $10,000 Certified Funds at time of registration. Bidders must also show a valid government issued photo ID. Selling Subject to Owner Approval. Attorney John B. Morthland, Wasinger, Parham, Morthland, Terrell & Wasinger L.C., (573)221-3225 represents the seller. Real Estate & Equipment is selling AS-IS, WHERE IS, WITH NO WARRANTIES OR GUARANTEES, EXPRESSED OR IMPLIED. See Bidders Kit for Complete Terms. In all transactions, Auctioneer is acting as agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction will take precedence over any material published about this event.
 
 
 
 
 

Click on the image below for photos.
 


 

 



 
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