1978 VILLAGE GREEN WAY, Tallahassee
$12,400,000 USD
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| Address | 1978 VILLAGE GREEN WAY, Tallahassee |
| Type of Property | Hotel / Motel |
| Type of Business | Hotel / Motel |
| Property Style | Hotel Non-Waterfront |
| Price | $12,400,000 |
| Previous Price | $12,800,000 (5 days ago) |
| Property Status | Active |
| MLS Number | A11903535 |
| Property Size | 90604 |
| Lot Size | 90604 |
| Zoning Information | OR-3 |
| Days on Market | 155 |
Detailed Description: Asking price reduced – Ownership wants to negotiate and sell. TRYP is a newer Wyndham midscale brand positioned for lifestyle-focus w / European flair but priced and operated in the upper midscale tier. TRYP benefits from Wyndham Hotel and Resorts being the largest hotel franchising company w / over 8,500 properties globally. Renovated in 2023, turnkey acquisition presents immediate value w / a $620K upgrade. 100 guest rooms (a nonsmoking, pet friendly property), restaurant / tavern, fitness center, complimentary breakfast w / hot options, 24-hour front desk and business services. Close proximity – Florida State Capitol, Florida State University, Florida A and M University, Alfred B Maclay Gardens State Park, Governor’s Square Regional Mall, Railroad Square Art Districts, Tallahassee International Airport. Also available – Orlando Sonesta Essential, MLS A11903117
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Address Information
| State | Florida |
| City | Tallahassee |
| County | Leon County |
| Zip Code | 32308 |
| Address | 1978 VILLAGE GREEN WAY |
Financial Information
| Price | $12,400,000 |
| Price per Foot | $0 |
| Previous Price | $12,800,000 |
Full Descriptions
| Detailed Description | Asking price reduced – Ownership wants to negotiate and sell. TRYP is a newer Wyndham midscale brand positioned for lifestyle-focus w / European flair but priced and operated in the upper midscale tier. TRYP benefits from Wyndham Hotel and Resorts being the largest hotel franchising company w / over 8,500 properties globally. Renovated in 2023, turnkey acquisition presents immediate value w / a $620K upgrade. 100 guest rooms (a nonsmoking, pet friendly property), restaurant / tavern, fitness center, complimentary breakfast w / hot options, 24-hour front desk and business services. Close proximity – Florida State Capitol, Florida State University, Florida A and M University, Alfred B Maclay Gardens State Park, Governor’s Square Regional Mall, Railroad Square Art Districts, Tallahassee International Airport. Also available – Orlando Sonesta Essential, MLS A11903117 |
Property parameters
| Living Area | 90604 |
| Lot Size | 90604 |
| Total Acreage | 0.000 |
| Zoning Information | OR-3 |
| Maximum Leasable Size | 90604 |
| Type of Property | Hotel / Motel |
| Type of Business | Hotel / Motel |
| Style | Hotel Non-Waterfront |
| Construction Type | Concrete Block Construction |
| Listed with | Coldwell Banker Realty |