2003 Apalachee Pkwy, Tallahassee, FL 32301

JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 103-room Holiday Inn Tallahassee E Capitol (the “Hotel” or “Property”). The premium branded, newly built, well-located hotel located in Tallahassee, FL. Built in 2018, the asset is situated just off Highway 27, offering convenient access to 7.4 million square feet of high-quality Class A office space within downtown Tallahassee, just a 7 minute drive from the asset. The Hotel is located less than 15 minutes away from all of Tallahassee largest demand drivers including Florida State University (44,000 students), Florida A&M University (9,000 students) and Tallahassee Memorial Healthcare (4,400+ employees). Given its close location to Doak Campbell Stadium, the Hotel benefits from FSU football season which attracts an average of over 13,000 overnight visitors each home game weekend in which seven of twelve weekends are home for the upcoming 2026 season.

The Hotel benefits from its strategic positioning within Tallahassee, serving corporate, institutional, government, and association clients that represent 25% of the hotel’s annual occupancy consistently. This recurring, contract-based business provides consistent occupancy and revenue stability, which complements the transient and event-driven demand generated by the university and local tournaments occurring around the hotel throughout all seasons. Additionally, management takes strong pride in operating efficiently through expense controls that have implemented technology and AI to better serve clients and deliver consistently exceptional guest experience. The hotel remains highly regarded socially through high review scores across several online booking sites, with guests praising service, cleanliness, and location, which has enabled Ownership to drive repeat business. Since its delivery, the Hotel’s strategy has proven successful, achieving 116%, 101%, and 118% penetration over the competitive set for occupancy, ADR, and RevPAR, respectively. A unique opportunity exists for a new investor to acquire a newly constructed, premium-branded hotel in a business-friendly state and high-growth micro-market. The asset offers immediate cash flow at a substantial discount to replacement cost.