65-Room Interior Corridor
3096 N Monroe St Tallahassee, FL 32303
3096 N Monroe St, Tallahassee, FL, 32303
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For Sale
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Pending
65-room interior corridor hotel off Interstate 10 with recent renovations and an active capital improvement plan.
Days on Market104
Property Features for 3096 N Monroe St
General Information
- Standard status
- Pending
- Property subtype
- Hospitality
Listing agency
DSH Hotel Advisors Inc
Listed by
Randy Taylor · License #FL 3305554
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 5:55AM Checked: Jul 23 at 5:55AM
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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
Location Intelligence
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Country Inn & Suites ...
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FAQs
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
