Investment Overview

• Mazili Hotel Group is pleased to present the fee simple interest in the 104-room Staybridge Suites Tallahassee Interstate-10 East, located in Tallahassee, Florida. This four-story, limited-service hotel is situated just off Summit Lake Drive with convenient access to Interstate-10, offering excellent visibility and connectivity along Tallahassee’s primary transportation corridor. The property provides investors with the opportunity to acquire a well-positioned, 104-room asset backed by strong brand recognition. Demand is supported by a diverse mix of generators, including nearby government offices, prominent universities such as Florida State University, Florida A&M University, and Tallahassee State College, as well as local healthcare facilities. Its strategic location along Interstate-10 further enhances accessibility and long-term investment appeal.

Investment Highlights

• * Built in 2007, this purpose-built, four-story Staybridge Suites operates as an extended-stay hotel with durable concrete block construction. * The property completed significant renovations in 2023, resulting in minimal anticipated change-of-ownership PIP requirements for a new owner. * Since 2023, current ownership has invested approximately $875,000 in capital improvements, including new FF&E, a full lock system replacement, upgraded patio furniture, and other enhancements designed to improve the guest experience and operational efficiency. * Staybridge Suites by IHG is a highly regarded brand among both investors and travelers. * The hotel benefits from limited direct competition, with no comparable extended-stay properties in the immediate vicinity, creating a distinct competitive advantage. * The property is outperforming its competitive set, achieving an Occupancy Index of 109.3%, an ADR Index of 102.8%, and a RevPAR Index of 112.4%. * Strong seasonal demand is driven by Florid

The Franchise

• Staybridge Suites is an upscale, all-suite extended-stay brand owned by IHG Hotels & Resorts. Designed for business and leisure travelers staying for days or weeks, it offers residential-style studios and one- or two-bedroom suites with full kitchens, free laundry, daily hot breakfast, and evening social receptions. With over 300 locations globally, it emphasizes a home-like, community-driven experience. Key details about the brand: Target Audience: Ideal for long-term travelers, corporate relocations, and project teams. Suite Amenities: All suites include fully equipped kitchens, functional workspaces, and free high-speed internet. On-Site Features: 24/7 fitness studios, "The Pantry" convenience store, and "The Social" (evening receptions with complimentary drinks/food). Pet-Friendly: Properties typically allow pets, though fees may apply. Growth: Founded in 1998, the brand is expanding internationally, with a strong presence in the Americas and growing in Europe and the Middle East.