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1695 Capital Cir NWTallahassee, FL 32303
BOB Hotels
Asset ClassHotel & Hospitality
# Keys: 78Year Renovated: 2024Access Data Room
Boutique Asset with 83.9% Occupancy in 2025
overview of deal

Overview

Boutique on Budget has earned the #1 ranked hotel designation in Tallahassee. Roshan Bhula of NewGen Advisory is proud to present the sale of BOB Hotels in Tallahassee, FL—a fully repositioned, 78-room, interior-corridor boutique hotel and the flagship asset of the emerging BOB Hotels brand. The property features all-new FF&E, a complete design overhaul, and a scalable operating model aligned with institutional management standards. The hotel benefits from diversified demand and generates ancillary revenue from onsite EV charging stations, enhancing overall NOI.

 

In less than 12 months, BOB Hotels Tallahassee has proven that affordable hotels can lead in design, comfort, and profitability. And by the end of 2025, BOB took over the market share by a landslide and earned the #1 ranking spot on TripAdvisory & achieved the highest record of customer satisfaction per Google Reviews.

 

Strategically located along Capital Circle NW with immediate access to Interstate 10, the hotel sits in one of Tallahassee’s primary commercial corridors and is the closest hotel to Tallahassee International Airport. The location benefits from direct connectivity to major state, university, and government demand drivers, with Buc-ee’s recently announcing plans to break ground on a new flagship travel center less than two minutes east along I-10 — further reinforcing long-term traffic, visibility, and ancillary demand for the corridor.

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Investment Highlights

  • Delivered $2.2M revenue in Year 1 post-rebrand, proving immediate market capture.
  • January 2026 hit 90.7% occupancy - a massive 38% YoY increase over 2025.
  • Completed a $1.9M full renovation (July 2024) with all-new FF&E, slashing future CapEx.
  • The closest hotel to TLH Airport; perfectly positioned for the new International Processing Facility.
  • Located 2 minutes from the upcoming Buc-ee’s Travel Center, a massive driver for transient traffic.
  • Strategic proximity to FSU and the State Capitol ensures high year-round demand.

Proximity to Key Demand Generators

Miles
Travel Time
Downtown Tallahassee / Florida State Capitol
5.5 mi
15 mins
Tallahassee International Airport (TLH)
6 mi
12 mins
Florida State University (FSU)
6 mi
15 mins
Florida A&M University
7 mi
16 mins
Tallahassee Memorial HealthCare
8 mi
20 mins
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1695 Capital Cir NWTallahassee, FL 32303

Sales Team

Roshan BhulaBroker

License #: NC 321676

(704) 904-0480rbhula@newgenadv.com
Ronald Clyde RobbinsDesignated Broker

License #: FL BK3209179

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