#1 Ranked Hotel in Tallahassee, FL - 78-Room Boutique Hotel - Business for Sale
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78-Room Boutique Hotel in Tallahassee, FL
Tallahassee, FL, US
Added 2 months ago
Entertainment, Leisure, & Recreation, Retail Stores, Transportation
2 years in business
A 78-room independent boutique hotel in Tallahassee, FL, fully renovated in 2024 and operating with high occupancy and market-leading guest satisfaction scores.
Key Information
Asking
$8.5M
Revenue
–
Earnings
$904K
Multiple
9.4x
Key Highlights
- 78 rooms, interior corridor, limited service
- Comprehensive $1.9M renovation completed July 2024 with all-new FF&E
- Trailing 12-month occupancy: 83.9%
- January 2026 occupancy: 90.7% (38% year-over-year increase)
- ADR: $91.62; RevPAR: $76.99
- 27,188 SF building originally constructed in 1992
- Independent hotel with no franchise fees or PIP required
- Years established: 2
Contact Info
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