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Quality Inn Tallahassee Near University 3090 N Monroe St 73 Room Hotel Tallahassee, FL 32303 $6,028,000 CAD ($82,575 CAD/Room)
Investment Highlights
- Prime I-10 Location – High visibility & easy on/off access at N Monroe Street exit
- Year-Round Demand – FSU, FAMU, State Capitol & major hospitals
- 1.83 Acres + 85 Parking Spaces – Includes bus & truck accommodations
- 73-Room Quality Inn – Strong national brand + reservation system
- Excellent Amenities – Outdoor pool, free hot breakfast & high-speed Wi-Fi
- Strong Upside Potential
Executive Summary
Marketing Description
Prime Interstate & University Location
Highly visible 73-room limited-service Quality Inn located immediately off I-10 at the N Monroe Street exit (Exit 199) in Tallahassee, Florida. This established hotel/retail corridor is one of the busiest gateways linking the Florida Panhandle, state capital, major universities, and I-10 freight traffic.
Quality Inn by Choice Hotels provides a strong national reservation system and loyalty program, along with popular limited-service amenities including an outdoor pool and complimentary hot breakfast. The two-story exterior-corridor building (built 1985) sits on 1.83 acres with 85 surface parking spaces (including bus & truck accommodations). Recent improvements include a new tankless water heater system.
Tallahassee’s diverse, year-round demand from Florida State University, Florida A&M University, the State Capitol complex, two major hospital systems, and steady I-10 pass-through traffic delivers stable occupancy and strong rate growth potential.
Investment Highlights
• Prime Interstate & University Location Highly visible 73-room limited-service Quality Inn located immediately off I-10 at the N Monroe Street exit — one of Tallahassee’s busiest corridors linking the Florida Panhandle, state capital, and major universities.
• Excellent Brand & Operational Position Quality Inn by Choice Hotels with strong national reservation system, loyalty program, outdoor pool, and complimentary hot breakfast. Easy highway access in an established hotel/retail corridor. No major capex required near-term.
• Strong Market Positioning & Positive Outlook Tallahassee is the economic, governmental, educational, and medical hub for the Florida Panhandle. Sustained demand from FSU, FAMU, state government offices, two major hospitals, and I-10 traffic supports stable occupancy and rate growth.
Prime Interstate & University Location
Highly visible 73-room limited-service Quality Inn located immediately off I-10 at the N Monroe Street exit (Exit 199) in Tallahassee, Florida. This established hotel/retail corridor is one of the busiest gateways linking the Florida Panhandle, state capital, major universities, and I-10 freight traffic.
Quality Inn by Choice Hotels provides a strong national reservation system and loyalty program, along with popular limited-service amenities including an outdoor pool and complimentary hot breakfast. The two-story exterior-corridor building (built 1985) sits on 1.83 acres with 85 surface parking spaces (including bus & truck accommodations). Recent improvements include a new tankless water heater system.
Tallahassee’s diverse, year-round demand from Florida State University, Florida A&M University, the State Capitol complex, two major hospital systems, and steady I-10 pass-through traffic delivers stable occupancy and strong rate growth potential.
Investment Highlights
• Prime Interstate & University Location Highly visible 73-room limited-service Quality Inn located immediately off I-10 at the N Monroe Street exit — one of Tallahassee’s busiest corridors linking the Florida Panhandle, state capital, and major universities.
• Excellent Brand & Operational Position Quality Inn by Choice Hotels with strong national reservation system, loyalty program, outdoor pool, and complimentary hot breakfast. Easy highway access in an established hotel/retail corridor. No major capex required near-term.
• Strong Market Positioning & Positive Outlook Tallahassee is the economic, governmental, educational, and medical hub for the Florida Panhandle. Sustained demand from FSU, FAMU, state government offices, two major hospitals, and I-10 traffic supports stable occupancy and rate growth.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $6,028,000 CAD | Building Size | 23,951 SF |
| Price Per Room | $82,575 CAD | No. Rooms | 73 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1985 |
| Property Subtype | Hotel | Parking Ratio | 3.46/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 1.83 AC | ||
| Zoning | CP | ||
| Price | $6,028,000 CAD |
| Price Per Room | $82,575 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.83 AC |
| Building Size | 23,951 SF |
| No. Rooms | 73 |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 3.46/1,000 SF |
| Corridor | Exterior |
| Zoning | CP |
Amenities
- Pool
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 73 | $98.64 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 21-15-20-403-000.0 | Improvements Assessment | $1,185,040 CAD |
| Land Assessment | $850,256 CAD | Total Assessment | $2,035,297 CAD |
Property Taxes
Parcel Number
21-15-20-403-000.0
Land Assessment
$850,256 CAD
Improvements Assessment
$1,185,040 CAD
Total Assessment
$2,035,297 CAD
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Presented by
Moon Realty USA, LLC
Quality Inn Tallahassee Near University | 3090 N Monroe St
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