Historical Hotel & Motel Sale Listing - SUBURBAN CHOICE MOTEL

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SUBURBAN CHOICE MOTEL

522 SILVER SLIPPER LANE, TALLAHASSEE, FL 32303

N/A

1 Rooms | Hotel & Motel

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SUBURBAN MOTEL

Hotel / Motel - Off Market

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

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

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.

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

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Created 1/31/2006