This Hotel & Motel Property is Off-Market.

522 SILVER SLIPPER LANE
TALLAHASSEE, FL 32303 ·

1 Rooms · Hotel & Motel For Sale

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SUBURBAN CHOICE MOTEL

Price N/A Property Use Type Investment
No. Rooms 1 No. Stories 2
Building Size 28,928 SF Property on Ground Lease? Yes
Property Type Hotel & Motel Year Built 1983
Property Sub-type Economy/Limited Service Lot Size 3.23 AC
Listing ID: 14485524 Date Created: 01/31/2006 Last Updated: 05/07/2006

Description

121 ROOM MOTEL W/$3,000,000 SPENT NEW IMPROVEMENTS 2003-2004 TO INCLUDE NEW ROOF(S) (3 Separate Bldgs.), New Kitchens, Etc.! 115 STUDIOS, 4/ 1BR APTS., AND A 2BR APT. PERFECT FOR MANAGER. NEAR A 60 STORE TALLAHASSEE MALL WITH RESTAURANTS AND 21-SCREEN MOVIE THREATRE; MEETING ROOM W/KITCHEN. POOL, CHILDREN'S PLAYGROUND, HIGH SPEED INTERNET, FITNESS CENTER. Approximate Occupancy: 85%

Two Miles South of U.S. 27 North/I-10 Interchange; 3 Miles North of State of Florida Capitol.

Highlights

  • PRICED BELOW A 2004 $6,000,000 APPRAISAL
  • Whirlpool Tubs in Majority of Rooms; Kitchens in Every Room
  • SUBURBAN (PREVIOUSLY EXTENDED STAY) NOW A "CHOICE" MOTEL
  • AMIDST ABUNDANCE OF RESTAURANTS, SHOPPING, STATE OFFICES
  • ALL NEW IMPROVEMENTS INCLUDING NEW ROOF(S) AND KITCHENS
  • STEADY GROWTH WITH SATISFIED CUSTOMERS AND REPEAT BUSINESS

Research

522 SILVER SLIPPER LANE, TALLAHASSEE, FL 32303 (Leon County)

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