2016 Apalachee Pkwy, Tallahassee, FL 32301 For Sale

The Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the Best Western Tallahassee Downtown Inn & Suites, a 78-room, two-story, exterior corridor hotel strategically located at 2016 Apalachee Parkway in Tallahassee, Florida.

Situated along Apalachee Parkway (U.S. 27), one of Tallahassee's primary commercial corridors, the property benefits from exceptional visibility and convenient access to Downtown Tallahassee, the Florida State Capitol Complex, Florida State University, Florida A&M University, Tallahassee Memorial HealthCare, and Interstate 10. This central location allows the hotel to capture a diverse mix of government, university, healthcare, corporate, and leisure demand throughout the year.

In addition to its strong hospitality fundamentals, the property is zoned CP (Commercial Parkway), which permits multifamily residential development and a variety of commercial uses by right, offering exceptional long-term redevelopment flexibility.

Originally constructed in 1988, the property features a manageable 78-room layout that is well suited for both institutional investors and owner-operators. As a Best Western branded hotel, the asset benefits from global brand recognition, an established reservation system, and access to the Best Western Rewards loyalty program.

As Florida's capital city, Tallahassee offers one of the state's most stable lodging markets, anchored by state government, higher education, and healthcare. Florida State University, with more than 44,000 students, generates significant year-round hotel demand through athletic events, commencement ceremonies, conferences, alumni gatherings, and university-related travel. Combined with the presence of Florida A&M University, Tallahassee State College, and dozens of state agencies, the market benefits from a highly diversified demand base that is less seasonal than many Florida hospitality markets.

This offering represents an opportunity to acquire a well-located branded hotel in one of Florida's most resilient capital markets, supported by stable year-round demand, excellent accessibility, and long-term economic fundamentals.