65-Room Interior Corridor
For Sale
Contact for pricing
Pending
3096 N Monroe St, Tallahassee, FL 32303
65-room interior corridor hotel off Interstate 10 with recent renovations and an active capital improvement plan.
Property SizeContact for details
Days on Market134
Property Features for 3096 N Monroe St
General Information
Standard status
Pending
Property subtype
Hospitality
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
business center
breakfast area
porte cochere
Listing Agency:
DSH Hotel Advisors Inc
Listed By:
Randy Taylor · License #FL 3305554
Source:
Crexi
Added: Apr 11
Changed: Aug 20
Last Checked: Aug 20 at 5:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DSH Hotel Advisors Inc
Investment Insights
Based on property information with market context.
Country Inn & Suites by Radisson is a 65-room interior corridor hotel offered for sale. The property has remained in excellent condition through an ongoing capital improvement plan and recent renovations. Reported renovation and PIP-related expenditures total approximately $600,000, with a change-of-ownership PIP estimated at approximately $150,000+/- subject to verification by Radisson Hotel Group.
Renovations completed include a new sign, resurfaced parking, a new porte cochere, new Samsung TVs, new flooring, new lamps, and updated bathrooms (40 of 65). Additional updates include new artwork, new blinds and drapes, new mattresses (56 of 65), new computers, a new business center, a new commercial washer, and improvements to the breakfast area with new breakfast furniture. Two new water heaters have also been installed.
The hotel is located directly off Interstate 10 and is approximately 4 miles from Florida State University and the Florida State Capitol.
Renovations completed include a new sign, resurfaced parking, a new porte cochere, new Samsung TVs, new flooring, new lamps, and updated bathrooms (40 of 65). Additional updates include new artwork, new blinds and drapes, new mattresses (56 of 65), new computers, a new business center, a new commercial washer, and improvements to the breakfast area with new breakfast furniture. Two new water heaters have also been installed.
The hotel is located directly off Interstate 10 and is approximately 4 miles from Florida State University and the Florida State Capitol.
Key Highlights
- 65‑room interior corridor hotel located directly off Interstate 10
- Approximately 4 miles to Florida State University and Florida State Capitol
- Ongoing capital improvement plan with recent renovations; owners spent approximately $600,000 on renovations/PIP requirements
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 32303, FL
48,644
Population
24,864
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
95%
High-School Grad
34.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$63,123
Median Household Income
$37,702
Median Earnings
$1,324
Median Rent
$204,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - 65-room interior corridor hotel off Interstate 10 with recent renovations and an active capital improvement plan.
Where is this hotel located?
The property is located at 3096 N Monroe St Tallahassee, FL.
What are key features of this property?
This property features: 65‑room interior corridor hotel located directly off Interstate 10; Approximately 4 miles to Florida State University and Florida State Capitol; Ongoing capital improvement plan with recent renovations; owners spent approximately $600,000 on renovations/PIP requirements
