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TRYP by Wyndham Tallahassee North I-10 1978 Village Green Way 100 Room Hotel Tallahassee, FL 32308 $13,500,000 ($135,000/Room)

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INVESTMENT HIGHLIGHTS

  • Renovated in 2023 with $620K in upgrades
  • Located near FSU, FAMU, and State Capitol
  • Turnkey asset with upside via ADR growth
  • 100-room hotel with full-service amenities
  • Wyndham brand with global loyalty reach
  • 2.08-acre site with concrete block structure

EXECUTIVE SUMMARY

Positioned in the heart of Florida’s capital city, the TRYP by Wyndham Tallahassee offers a compelling opportunity for hospitality investors seeking both operational stability and long-term upside. This 100-room, pet-friendly hotel underwent a substantial $620,000 renovation in 2023, delivering turnkey readiness and modernized amenities. The property spans 66,819 square feet across three stories on a 2.08-acre parcel, with concrete block construction and interior corridors.
Guests enjoy a full suite of services including a restaurant/tavern, 24-hour front desk and business center, complimentary hot breakfast, a 24/7 fitness center, and free high-speed Wi-Fi throughout. Each room is outfitted with ergonomic workstations, HDTVs, coffee/tea makers, and family suites feature microwaves, full-size refrigerators, and wet bars. The TRYP brand, part of Wyndham Hotels & Resorts, benefits from global distribution, robust marketing, and the highly rated Wyndham Rewards program.
Strategically located just minutes from Florida State University, Florida A&M University, the State Capitol, and Tallahassee International Airport, the property is surrounded by cultural, educational, and recreational destinations. This vibrant setting supports strong demand from both leisure and business travelers. With potential for enhanced Average Daily Rate (ADR) and brand repositioning, the asset presents a rare blend of immediate cash flow and long-term appreciation.

PROPERTY FACTS

Price $13,500,000
Price Per Room $135,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.08 AC
Building Size 66,819 SF
No. Rooms 100
No. Stories 3
Year Built/Renovated 1989/2023
Tenancy Single
Parking Ratio 1.08/1,000 SF
Corridor Interior
Zoning OR-3 - Office Residential District

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 20 $156.00 -
Guest Room 80 $132.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-08-75-00A-005.0
Land Assessment
$453,020
Improvements Assessment
$5,725,331
Total Assessment
$6,178,351
  • Listing ID: 38199939

  • Date on Market: 10/24/2025

  • Last Updated:

  • Address: 1978 Village Green Way, Tallahassee, FL 32308

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