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31737059
31737086

3090 N Monroe St, Tallahassee, FL 32303

SP
TN 12345
Moon Realty USA
Listed by Moon Realty USA
$4,400,000
51 days on market
Updated 51 days ago

Quality Inn Tallahassee Near University

Details
APN 21-15-20-403-000-0
Property Type Hospitality
Sub Type Hotel
Square Footage 23,951
Keys 73
Brand/Tenant Quality Inn
Price per SqFt $184
Year Built 1985
Buildings 2
Stories 2
Acreage 1.830
Parking Spaces 85 spaces
Parking Per SqFt 3.55
Ground Lease No

Quality Inn Tallahassee Near University | 73 Keys | $60,274/Key

Marketing description

Prime Interstate & University Location

Highly visible 73-room limited-service Quality Inn located immediately off I-10 at the N Monroe Street exit (Exit 199) in Tallahassee, Florida. This established hotel/retail corridor is one of the busiest gateways linking the Florida Panhandle, state capital, major universities, and I-10 freight traffic.

Quality Inn by Choice Hotels provides a strong national reservation system and loyalty program, along with popular limited-service amenities including an outdoor pool and complimentary hot breakfast. The two-story exterior-corridor building (built 1985) sits on 1.83 acres with 85 surface parking spaces (including bus & truck accommodations). Recent improvements include a new tankless water heater system.

Tallahassee’s diverse, year-round demand from Florida State University, Florida A&M University, the State Capitol complex, two major hospital systems, and steady I-10 pass-through traffic delivers stable occupancy and strong rate growth potential.

Investment highlights

• Prime Interstate & University Location Highly visible 73-room limited-service Quality Inn located immediately off I-10 at the N Monroe Street exit — one of Tallahassee’s busiest corridors linking the Florida Panhandle, state capital, and major universities.

• Excellent Brand & Operational Position Quality Inn by Choice Hotels with strong national reservation system, loyalty program, outdoor pool, and complimentary hot breakfast. Easy highway access in an established hotel/retail corridor. No major capex required near-term.

• Strong Market Positioning & Positive Outlook Tallahassee is the economic, governmental, educational, and medical hub for the Florida Panhandle. Sustained demand from FSU, FAMU, state government offices, two major hospitals, and I-10 traffic supports stable occupancy and rate growth.

Listing Contacts

SP
TN 12345
Moon Realty USA
Listed by Moon Realty USA

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