$8,000,000
Price
$959,158
NOI
11.99%
Cap Rate
4.15
RRM
64
Total Rooms
$125,000
Price Per Key

Investment Overview

  • Mazili Hotel Group is pleased to offer qualified investors the fee-simple interest in the premium branded Comfort Suites Hotel. The property is strategically located in Florida’s capital city, the Property benefits from year-round demand driven by government, education, sports, and tourism sectors. Situated in the heart of Downtown Tallahassee, the Hotel is less than one mile from the Florida State Capitol and the campuses of Florida State University (FSU) and Florida A&M University (FAMU). The Property is also walkable to popular local attractions including Cascades Park, CollegeTown, and the Donald L. Tucker Civic Center, one of the region’s largest sports and event venues.

Property Overview

  • The Comfort Suites Tallahassee Capitol was built in 2000 and consists of 64 suites. Located in the heart of Tallahassee, the property offers spacious suites and amenities that include refrigerator, microwave, free Wi-Fi, and more. Theres also an outdoor pool, a fitness center and a meeting room. Tallahassee continues to experience sustained economic and population growth, supported by a strong base of public sector employment, expanding university infrastructure, and a growing reputation as a top-tier destination for legislative sessions, collegiate athletics, and outdoor recreation. With proximity to I-10 and only a 15-minute drive to Tallahassee International Airport, the Hotel enjoys convenient regional connectivity and a diversified mix of transient, group, and government demand.
  • Ideally located in the heart of Downtown Tallahassee, the Comfort Suites sits less than one mile away from the Florida State Capitol, Leon County Courthouse, and the campuses of Florida State University and Florida A&M University. Together, the universities enroll over 53,000 students and employ more than 17,000 faculty and staff. FSU football alone draws over 70,000 fans per game, driving peak weekend compression during the fall season. Surrounding the Hotel is a vibrant mix of government, cultural, and entertainment attractions. Just blocks away, Cascades Park, a 24-acre urban greenspace featuring the Adderly Amphitheater, hosts concerts, festivals, and community events. The nearby Donald L. Tucker Civic Center includes a 12,500-seat arena and over 54,000 SF of meeting space, welcomes over 500,000 annual visitors across sporting events, concerts, and conventions. Tallahassee’s cultural landscape is enriched by institutions such as the Museum of Florida History, Florida His

The Franchise

  • Choice Hotels Affiliation: Choice Hotels is one of the world’s largest hotel chains, managing more than 7,000 properties across 40+ countries globally. By number of properties, Choice Hotels is larger than Hilton and Marriott! As a general rule of thumb, Choice Hotels skews much more towards the economy/midscale traveler with brands like Rodeway Inn, Quality Inn, and Comfort...

Listing Broker

  • Btissam Jaafar.
  • Mobile: 407-592-7789
  • btissam@mazilihotelgroup.com

Location Highlights

  • Centrally located and easy to reach, the hotel sits in the heart of Tallahassee, offering the perfect balance between downtown access and proximity to major institutions. Travelers also benefit from quick and convenient transportation, with Tallahassee International Airport (TLH) just a short 12–14-minute drive away, making arrivals and departures effortless.
  • Tallahassee offers a vibrant mix of cultural, educational, and recreational attractions, with nearby parks like Cascades Park and the Governor’s Square area providing opportunities for visitors to enjoy scenic green spaces, local dining, and community events. Comfort Suites Tallahassee Capitol – University Area sits right in this active district, placing guests close to the city’s universities, the State Capitol, and popular downtown activities.
  • The city's proximity to major roadways, such as Interstate 75 and Florida's Turnpike, enhances accessibility and convenience for businesses and residents alike.
  • Tallahassee’s economy is strengthened by government, education, and healthcare, creating a stable business hub near the hotel. With major institutions like the State Capitol, FSU, and FAMU close by, the area attracts steady professional and visitor activity.
  • The area features a mix of commercial and residential properties, offering potential for businesses to cater to the needs of both local residents and passing travelers.
FOR MORE DETAILS CONTACT
Julian Mazili
President
(813) 299-7045
jmazili@mazilihotelgroup.com