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Hotel-Motel

Howard Johnson by Wyndham Tallahassee

2726 N Monroe St, Tallahassee, FL 32303

Listing Price: Request For Offer

Number of Rooms
51
RevPAR
$33
Gross SF
21,198
Year Built
1985

Investment Overview

Marcus & Millichap is pleased to offer for a sale a simple fee interest in the 51 Unit, Howard Johnson by Wyndham Tallahassee, located in Tallahassee, Florida. The subject property is ideally located on 1.10 acres, directly off I-10. The property features two floors of well-maintained guest rooms. Common area amenities available to all guests are an outdoor pool, 24-hour front desk, grab and go breakfast, free on-site parking, guest-laundry facilities, and on-site vending machines. Each guest room is equipped with free Wi-Fi, flat screen TV, minifridge, microwave, in-room coffee & tea maker, desk chair, and private bathroom.

The Howard Johnson is conveniently located off of Interstate-10 in close proximity to all of Tallahassee’s demand generators and only 3 miles from downtown. Tallahassee is the political center of Florida and the state capital is a three mile drive. The city is also home to two major universities: Florida State University and Florida A&M that have a combined student body of over 53,000. The FSU football stadium is just under 5 miles from the hotel, and it holds over 78,000 attendees and grosses 9.7M on an annual basis. The Donald L Tucker Civic Center is a multipurpose arena located on the FSU campus. It hosts the FSU basketball games as well as internationally renowned performers. In addition to the higher education and public sector industries, Tallahassee has a strong healthcare presence with HCA Florida Capital and Tallahassee Memorial that bring in a combined $5.5 billion in patient revenues and are both within 15 minutes of the hotel.

Investment Highlights

  • Fee simple interest in the 51-unit, Howard Johnson by Wyndham Tallahassee, located in Tallahassee, Florida
  • Conveniently located off I-10 | Close proximity to all demand generators
  • Medical Centers | HCA Florida Lake Jackson Emergency (2 mi), Tallahassee Memorial Healthcare (3 mi), & HCA Florida Capital Hospital (7 mi)
  • Tallahassee International Airport, located 11 miles away, provides service to more than 800,000 passengers annually
  • Demand Generators | Alfred B. Maclay Gardens State Park, Donald L Tucker Civic Center, Florida State Capital, Goodwood Museum & Gardens, & More
  • Universities | Florida State University (4 mi), & Florida A&M University (4 mi)

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Hotel-Motel

Howard Johnson by Wyndham Tallahassee

Listing Price: Request For Offer

Number of Rooms
51
RevPAR
$33
Gross SF
21,198
Year Built
1985

Investment Highlights

  • Fee simple interest in the 51-unit, Howard Johnson by Wyndham Tallahassee, located in Tallahassee, Florida
  • Conveniently located off I-10 | Close proximity to all demand generators
  • Medical Centers | HCA Florida Lake Jackson Emergency (2 mi), Tallahassee Memorial Healthcare (3 mi), & HCA Florida Capital Hospital (7 mi)
  • Tallahassee International Airport, located 11 miles away, provides service to more than 800,000 passengers annually
  • Demand Generators | Alfred B. Maclay Gardens State Park, Donald L Tucker Civic Center, Florida State Capital, Goodwood Museum & Gardens, & More
  • Universities | Florida State University (4 mi), & Florida A&M University (4 mi)

Investment Overview

Marcus & Millichap is pleased to offer for a sale a simple fee interest in the 51 Unit, Howard Johnson by Wyndham Tallahassee, located in Tallahassee, Florida. The subject property is ideally located on 1.10 acres, directly off I-10. The property features two floors of well-maintained guest rooms. Common area amenities available to all guests are an outdoor pool, 24-hour front desk, grab and go breakfast, free on-site parking, guest-laundry facilities, and on-site vending machines. Each guest room is equipped with free Wi-Fi, flat screen TV, minifridge, microwave, in-room coffee & tea maker, desk chair, and private bathroom. The Howard Johnson is conveniently located off of Interstate-10 in close proximity to all of Tallahassee’s demand generators and only 3 miles from downtown. Tallahassee is the political center of Florida and the state capital is a three mile drive. The city is also home to two major universities: Florida State University and Florida A&M that have a combined student body of over 53,000. The FSU football stadium is just under 5 miles from the hotel, and it holds over 78,000 attendees and grosses 9.7M on an annual basis. The Donald L Tucker Civic Center is a multipurpose arena located on the FSU campus. It hosts the FSU basketball games as well as internationally renowned performers. In addition to the higher education and public sector industries, Tallahassee has a strong healthcare presence with HCA Florida Capital and Tallahassee Memorial that bring in a combined $5.5 billion in patient revenues and are both within 15 minutes of the hotel.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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