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85 River Park Dr
Midway, FL 32343
Country Inn & Suites Midway Tallahassee West · Hospitality Property For Sale
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53 Rooms
Investment Highlights
- • 53-Rooms | 2 Stories | Interior Corridor
- • YE 2024 RRM of 4.11x
- • YE 2024 Comp Set ADR / Occ / RevPAR: $123.27 ADR / 67.4% Occ / $83.03 RevPAR
- • Minimal Change of Ownership PIP - $424,000+/- in Recent Renovations
- • 5.1+/- Acres of Land in Total - Adjacent Lot Included in Sale
- • Year 1 Projected Room Revenue of $1,339,788
Property Facts
| Property Type | Hospitality | No. Rooms | 53 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 2005/2015 |
| Lot Size | 2.08 AC | Parking Ratio | 1.91/1,000 SF |
| Building Size | 28,669 SF | Corridor | Interior |
| Zoning | COM - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.08 AC |
| Building Size | 28,669 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built/Renovated | 2005/2015 |
| Parking Ratio | 1.91/1,000 SF |
| Corridor | Interior |
| Zoning | COM - Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 10 | $105.00 | - |
| Guest Room | 43 | $95.00 | - |
Property Taxes
| Parcel Number | 4-15-1N-2W-0000-00420-0200 | Improvements Assessment | $2,547,707 |
| Land Assessment | $89,981 | Total Assessment | $2,637,688 |
Property Taxes
Parcel Number
4-15-1N-2W-0000-00420-0200
Land Assessment
$89,981
Improvements Assessment
$2,547,707
Total Assessment
$2,637,688
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