154-Key Limited-Service
2905 North Monroe Street, Tallahassee, FL 32303
For Sale
Contact for pricing
Three-story lodging property near Interstate 10, Florida State University, Florida A&M University, and the Florida Capitol Complex.
Property SizeContact for details
Days on Market35
Property Features for 2905 North Monroe Street
General Information
Standard status
Property subtype
Additional Details
Highway Access
Building Details
Year Built
Year Renovated
Stories
Listing Agency:
NewGen Advisory Phoenix
Listed By:
Jigar "Jay" Desai · License #AZ SA675144000
(520) 664-4091
Source:
Crexi
Added: Oct 6
Changed: Nov 8
Last Checked: Nov 8 at 4:44PM
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 NewGen Advisory Phoenix
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Investment Insights
Based on property information with market context.
This 154-key, three-story limited-service hotel was built in 1979 and renovated in 2024. Its location directly off Interstate 10 places it near Florida State University, Florida A&M University, and the Florida Capitol Complex.
Tallahassee’s government and university institutions, along with interstate travel, contribute to the area’s varied sources of hotel demand. The property’s existing scale and layout may also support consideration of management or repositioning approaches, including brand conversion, extended-stay use, or an alternative use.
Tallahassee’s government and university institutions, along with interstate travel, contribute to the area’s varied sources of hotel demand. The property’s existing scale and layout may also support consideration of management or repositioning approaches, including brand conversion, extended-stay use, or an alternative use.
Key Highlights
- 154 guest keys across three stories
- Renovated in 2024; originally built in 1979
- Situated directly off Interstate 10
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
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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 - Three-story lodging property near Interstate 10, Florida State University, Florida A&M University, and the Florida Capitol Complex.
Where is this hotel located?
The property is located at 2905 North Monroe Street Tallahassee, FL.
What are key features of this property?
This property features: 154 guest keys across three stories; Renovated in 2024; originally built in 1979; Situated directly off Interstate 10
