Howard Johnson Motel | Tallahassee

Hospitality for Sale
Call for Offers
Catylist Listing ID: 30726809
Property Subtypes: Motel
Number of Units: 51 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 1.10 - 1.20 Acres
Sale Price: See Agent
Property Use Type: Investment, Vacant/Owner-User, Business
Name of Establishment: Howard Johnson
Franchised Business: Yes
Franchise Parent Name: Howard Johnson
Sale Terms: Cash to Seller, Owner Financing
Call for Offers: Yes
Cap Rate: Undisclosed
Last Updated: 10/26/2021

Overview / Comments

The Howard Johnson Tallahassee Florida was constructed in 1985, it's a two-story, exterior corridor structure consisting o 51 guest rooms. the rooms are fitted with the typical amenities, lat screen TV, Wire Fi, The facility includes a 24-hour front desk, laundry facilities, seasonal outdoor pool, complimentary continental breakast, etc. There is ample on-site parking.

Located on N. Monroe (US 27) and the 'Gateway' to Tallahassee, the Hotel is conveniently located near I-10 and close to all area retail, restaurant, shopping, it is within a 5-minute ride to downtown Tallahassee and the State Capital Building.
High Traffic Counts on both I - 10 and Monroe Street.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2114204230000
Retail Clientele: Traveler, Recreation
Property Visibility: Excellent
Largest Nearby Street: Monroe Street
Traffic/Vehicle Count: 40,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,678 94,354 170,738
Median Age: 29.62 29.43 30.87
Households: 3,763 38,824 70,843


Photograph of Listing Agent

Carlton Dean, SIOR, CCIM

SVN | SouthLand Commercial Member
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