• Purchase Price: $3,000,000
• 101 Rooms (70 Currently Rentable – Seller In Process of Renovating/Repairing Remaining Rooms)
• At $29,703/Room, this Hotel is Currently the Lowest Price/Room Hotel Currently Available/Listed for Sale in the State of Florida*
o *Per CoStar Search of Hotel Listings with Advertised Price (not listed as Unpriced/Request for Offers) as of September 2025
• Out-of-State Seller; Absentee Owned & Operated
• Situated on +/- 2.26-Acre Parcel
• Concrete Block Construction – Per Leon County Property Appraiser
• Multiple Franchises Available, including:
o Rodeway Inn by Choice,
o Park Inn by Choice,
o Super 8 by Wyndham,
o Travelodge by Wyndham and
o Howard Johnson by Wyndham, among others
• Multifamily Conversion Allowed By-Right – Zoned for CP-Commercial Parkway
o The 160-Room Seven Hills Suites hotel located directly across the street, was successfully converted to a multifamily complex. This project is a clear example of the willingness of Tallahassee local city/county officials in supporting hotel-to-multifamily conversions.
• Custom Trend Report Shows Possibility for Hotel to Generate $45+ RevPAR ($1.6M+ Revenue)
o Please refer to Page 28 for details
o Trend Report includes following properties in the immediate area surrounding Loyalty Inn:
? Baymont by Wyndham (3210 N. Monroe)
? Red Roof Inn (2930 Hospitality Rd)
? Econo Lodge (2681 N. Monroe)
? La Quinta Tallahassee (2905 N. Monroe)
? Quality Inn Tallahassee (3090 N. Monroe)
? Motel 6 Tallahassee (2801 N. Monroe)