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Property Detail

1355 Apalachee Pkwy, Tallahassee, FL 32301, USA
The Hotel enjoys a prominent location in downtown Tallahassee.

$Unpriced

Description

INVESTMENT HIGHLIGHTS

  • Offering is unencumbered of management and debt
  •  
  • 91 years remaining on the ground lease
  •  
  • Surrounded by numerous prominent retailers including: Target, DSW, Macy’s, Dillard’s, Kohl’s, Winn-Dixie, Ulta, Marshalls, and Five Below.
  • Includes 5,400 square foot restaurant space currently in negotiations with a new tenant which will add an additional revenue center
  •  
  • Two miles from Florida State University and Florida A&M University, home to 55,000 students collectively
  •  
  • In close proximity to all of Tallahassee’s historic sites, cultural experiences, sporting and entertainment attractions

EXECUTIVE SUMMARY

RI Marketplace Online Auction April 29-May 1
https://rimarketplace.com/auction/1905/wyndham-garden-tallahassee-capitol?utm_source=costar&utm_medium=listing&utm_campaign=hospitality_1905
Hodges Ward Elliott (“HWE”), in conjunction with RI Marketplace, has been retained by ownership on an exclusive basis to arrange the sale of the leasehold interest in the 147-key Wyndham Garden Tallahassee Capitol (“Hotel” or “Property”), located on Apalachee Parkway, the central thoroughfare through Florida’s dynamic capitol city. The Hotel enjoys a prominent location in downtown Tallahassee, a short drive to all of the government, healthcare and education-related demand drivers in the submarket. Tallahassee is the capitol of the State of the Florida, the third most populous and fastest growing state in the U.S.
Lamar P. Fisher, Auctioneer
FL License: AU93
Fisher Auction Co: AB106
 

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room147$221.00

 

PROPERTY TAXES

 

Alexandra Lalos

+1 305-913-5758

Bhavesh (B.J.) Patel

+1 404-940-5108

Specification

General

  • 75931
  • 2.9200
  • Investment
  • UP 2
  • 1969
  • 2018
  • 147

Hospitality

Wyndham Garden Tallahassee Capitol

Listing ID : 00373

SKU: 373

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