522 Silver Slipper Ln - Hospitality FOR SALE
Tallahassee, FL 32303 |
522 Silver Slipper Ln
Tallahassee, FL 32303
HIGHLIGHTS
- Franchise Hotel in the Heart of Tallahassee
- Located just 15 minutes from Tallahassee International Airport. Additional income from the adjacent historic downtown district.
- Close proximity to both Florida State University and Florida A&M University
- Value Add Opportunity -- RevPAR is currently below the competitive set, so this property has substantial upside potential with new management
- Long term land lease with option to extend
- Strong performance during Covid Pandemic
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Suburban Studios Tallahassee Near University
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
68650
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1983
PARKING SPACES
139
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
CP
APN/PARCEL ID
21-24-70-000-003.2,21-24-70-000-003.3,21-24-70-000-003.4
