Howard Johnson Express Inn Tallahassee | 2726 N Monroe St
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Howard Johnson Express Inn Tallahassee 2726 N Monroe St
51 Room Hotel Tallahassee, FL 32303 $4,905,900 CAD ($96,194 CAD/Room)
Executive Summary
Imagine owning a piece of Tallahassee's hospitality legacy with Howard Johnson at 2726 N Monroe St. This prime property boasts 51 rooms across a 21,198 SF building on 1.1 acres of land. Built-in 1985, the price of $3,450,000 presents an attractive investment opportunity with a price per key of $82,353 and a price per square foot of $198.13. Located amidst a demographic hub with a promising 2023 population projection and growing household incomes, this property offers both historic charm and modern appeal. Howard Johnson stands out as a lucrative investment prospect, featuring a two-story structure, zoning in the CP category, and a strategic layout of 9,347 SF parcels across 47,916 SF of land. The surrounding area's economic vibrancy and demographic growth further emphasize its commercial potential. Explore this opportunity to own a piece of Tallahassee's hospitality landscape with Howard Johnson.
Property Facts
Price | $4,905,900 CAD | Building Size | 21,198 SF |
Price Per Room | $96,194 CAD | No. Rooms | 51 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built | 1985 |
Property Subtype | Hotel | Parking Ratio | 2.59/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 1.10 AC |
Price | $4,905,900 CAD |
Price Per Room | $96,194 CAD |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.10 AC |
Building Size | 21,198 SF |
No. Rooms | 51 |
No. Stories | 2 |
Year Built | 1985 |
Parking Ratio | 2.59/1,000 SF |
Corridor | Exterior |
Amenities
- Pool
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 51 | $112.34 CAD | - |
PROPERTY TAXES
Parcel Number | 21-14-20-423-000.0 | Improvements Assessment | $857,862 CAD |
Land Assessment | $536,395 CAD | Total Assessment | $1,394,257 CAD |
PROPERTY TAXES
Parcel Number
21-14-20-423-000.0
Land Assessment
$536,395 CAD
Improvements Assessment
$857,862 CAD
Total Assessment
$1,394,257 CAD
zoning
Zoning Code | CP |
CP |
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Howard Johnson Express Inn Tallahassee | 2726 N Monroe St
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