Description
This is a unique opportunity to own a 13+ unit 2-star motel in Tallahassee, FL with good potential for an investor willing to renovate and increase the gross income or convert to multi-family. High occupancy rate. Direct frontage on US Hwy 27 (4-lane highway with median) with good drive-by traffic, 14 mi. from state capital. Currently operated as an extended-stay motel. Four buildings include: two residency buildings with laundry, reception/office building including operator's residence, and 1,353 sq. ft. retail/rec building. Potential to reconfigure to gain addt'l units. Concrete-block buildings with asphalt roof, paved parking lot. More photos soon.
-
0BEDS
-
1.16ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
This is a unique opportunity to own a 13+ unit 2-star motel in Tallahassee, FL with good potential for an investor willing to renovate and increase the gross income or convert to multi-family. High occupancy rate. Direct frontage on US Hwy 27 (4-lane highway with median) with good drive-by traffic, 14 mi. from state capital. Currently operated as an extended-stay motel. Four buildings include: two residency buildings with laundry, reception/office building including operator's residence, and 1,353 sq. ft. retail/rec building. Potential to reconfigure to gain addt'l units. Concrete-block buildings with asphalt roof, paved parking lot. More photos soon.
© 2023 CAPITAL AREA TECHNOLOGY & REALTOR® SERVICES, INC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Xcellence Realty. Data last updated: 2023-06-05T14:14:38.093.