Hunter Advisors has been exclusively engaged to offer for sale the fee simple interest in the Home2 Suites by Hilton Tallahassee State Capitol (the "Hotel" or "Property"), a 132-key extended-stay hotel strategically positioned along U.S. 27 / Apalachee Parkway near Downtown Tallahassee, the Florida State Capitol, and the city's primary university corridor. The offering presents a rare opportunity to acquire a recently renovated, cash-flowing extended-stay asset in one of Florida's most demand-resilient markets — with a clearly defined path to incremental NOI growth through a transition to a more entrepreneurial, owner-operated management platform.
- Strategically Located Near Government, Healthcare, Retail, and University Demand Drivers: Situated on a primary commercial corridor, the hotel is perfectly placed to capture Tallahassee's diverse demand. Located within two miles of the Florida State Capitol, FSU, and FAMU, the property draws consistent business from legislative sessions, university athletics, and graduations.
- $265M Doak Campbell Stadium Renovation: Under 3 miles away, Doak Campbell Stadium, home to the FSU Seminoles and over 67,000 fans per game finished a comprehensive renovation in 2025 that will offer new ownership significant tailwinds from a demand perspective.
- Market Leading Top-Line Performance with Room to Run: The Hotel is a top-tier performer, ranking 2nd in its set with a $130.30 RevPAR and $6.3M in annual room revenue. This consistent market outperformance provides a proven, high-earning foundation for a new owner to further scale through more aggressive, hands-on revenue management.
- High Margin Cash Flow with Operational Upside: The hotel delivers a robust 40.8% NOI margin, generating $2.6M in NOI from $6.4M in total revenue, demonstrating the power of the Home2 Suites branding. A new owner can immediately focus on increasing these margins by replacing institutional management with more agile, hands-on cost and revenue controls.
- Fee Simple, non-union, and unencumbered of management
