Howard Johnson Express Inn Tallahassee | 2726 N Monroe St
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Howard Johnson Express Inn Tallahassee 2726 N Monroe St
51 Room Hotel Tallahassee, FL 32303 $3,450,000 ($67,647/Room)
Executive Summary
Imagine owning a piece of Tallahassee's hospitality legacy with Howard Johnson at 2726 N Monroe St. This prime property boasts 51 rooms across a 21,198 SF building on 1.1 acres of land. Built-in 1985, the price of $3,450,000 presents an attractive investment opportunity with a price per key of $82,353 and a price per square foot of $198.13. Located amidst a demographic hub with a promising 2023 population projection and growing household incomes, this property offers both historic charm and modern appeal. Howard Johnson stands out as a lucrative investment prospect, featuring a two-story structure, zoning in the CP category, and a strategic layout of 9,347 SF parcels across 47,916 SF of land. The surrounding area's economic vibrancy and demographic growth further emphasize its commercial potential. Explore this opportunity to own a piece of Tallahassee's hospitality landscape with Howard Johnson.
Property Facts
| Price | $3,450,000 | Building Size | 21,198 SF |
| Price Per Room | $67,647 | No. Rooms | 51 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1985 |
| Property Subtype | Hotel | Parking Ratio | 2.59/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.10 AC |
| Price | $3,450,000 |
| Price Per Room | $67,647 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 21,198 SF |
| No. Rooms | 51 |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 2.59/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 51 | $79.00 | - |
PROPERTY TAXES
| Parcel Number | 21-14-20-423-000.0 | Improvements Assessment | $611,736 |
| Land Assessment | $382,500 | Total Assessment | $994,236 |
PROPERTY TAXES
Parcel Number
21-14-20-423-000.0
Land Assessment
$382,500
Improvements Assessment
$611,736
Total Assessment
$994,236
zoning
| Zoning Code | CP |
| CP |
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Howard Johnson Express Inn Tallahassee | 2726 N Monroe St
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