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2801 North Monroe St
Tallahassee, FL 32303

Tallahassee Inn & Suites · Hospitality Property For Sale · 47,949 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 10.00 AC
Building Size 47,949 SF
No. Stories 2
Year Built/Renovated 1978/2011
Parking Ratio 1.57/1,000 SF
Corridor Exterior

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

ABOUT 2801 NORTH MONROE ST , TALLAHASSEE, FL 32303

Please do not disturb the hotel guests or employees. Please contact the listing broker with any inquires. Investment Highlights: Located just off Interstate 10 with easy access to all of the local attractions Near Florida State University (41,000+ students) 108 Rooms with on-site restaurant Currently under-performing hotel with potential for future growth Value-add opportunity for new flag, additional rooms, and retail space on-site 28 years remaining on ground lease Investment Overview The Tallahassee Inn & Suites is a 108 room full-service hotel located in Tallahassee, FL. Tallahassee is the state capital of Florida and is home to Florida State University and various businesses, including the large presence of political groups and state government agencies. Conveniently located just off Interstate 10, the Property benefits from all of the local attractions. The hotel has easy access to downtown Tallahassee, the State Capitol, Tallahassee Mall and all of the restaurants nearby. Levy Park and Florida State University, one of Florida's biggest universities with over 41,000 students, are also near the hotel. Tallahassee's large student population has a significant impact on the a Tallahassee's large student population has a significant impact on the area's economy, generating increased demand for business. It is estimated that in 2015 students spent $950.8 million in Leon County.

PROPERTY TAXES

ZONING

Zoning Code CP
  • Listing ID: 3769474

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 2801 North Monroe St, Tallahassee, FL 32303