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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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1978/2011 |
| Building Class | C | Parking Ratio | 1.57/1,000 SF |
| Lot Size | 10.00 AC | Corridor | Exterior |
| Building Size | 47,949 SF | ||
| Zoning | CP | ||
| 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 |
| Zoning | CP |
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
| Parcel Number | 21-14-51-000-008.0 | Improvements Assessment | $1,750,144 |
| Land Assessment | $893,700 | Total Assessment | $2,643,844 |
Property Taxes
