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2702 N Monroe St
Tallahassee, FL 32303

$6,650,000 USD

Hotel For Sale • 23,151 SF

Property Details

Property Type Hotel
Total Building Size 23,151 SF
Lot Size 1.13 AC
Building Class B
Year Built 1988
Tenancy Multiple
Zoning CP

32 Transit Score

50 Walk Score

                
                    Highlights
                
                                Centrally located directly off Interstate 10 and a short drive to Florida State University.
                            
                                The property was closed for renovation then reopened after completion of the PIP in 2021
                            
                                New Roof, new Tankless water heaters, new FF&E, new windows, and window treatment, new laundry equipment, and new bathroom  furniture.
                            
                                Property is in great condition; No pending PIP.
                            
                                Opportunity to acquire a well-located asset in proximity to a variety of Demand Generators.
                            
                                Room Revenue has been on an upward trend for the past three years.

Amenities

High Speed Internet Access
Patio
Public Access Wifi
Smoke-Free

Public Transportation

Airport	Drive	Walk	Distance
Tallahassee International	18 min	-	10.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes

Lucas Mondino 786-772-0719 Kabani Hotel Group Inc.

2702 N Monroe St Tallahassee, FL 32303