OFFERING OVERVIEW:

DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Country Inn & Suites Midway, - Tallahassee West, a Radisson-Choice Branded hotel located in Midway, Florida. The 53-room interior corridor hotel is located directly off of Interstate 10 and US -50, providing easy access to Tallahassee (15 minute commute) is approximately 8 miles from Florida State University.

PROPERTY OVERVIEW:

The subject property remains in excellent condition due to an ongoing capital improvement plan and recent renovations completed. It is estimated that the change of ownership PIP would be approximately $50,000+/-; however, this figure is a preliminary estimate. *The actual PIP requirements must be verified directly with Radisson-Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. The current owners have recently spent approximately $424,000+/- in Renovations / PIP requirements.

RENOVATIONS COMPLETED / IN PROGRESS INCLUDE:

• Exterior Bldg: New Grills, Parking Lot, Dumpster area
• Exterior & Interior Paint
• Lobby & Breakfast Areas
• Public Areas, Fitness Room
• Pool & Vending Area
• Laundry
• Corridors & Stairwells
• Guest Room Carpet/LVT
• Guest Room Finishes
• Guest Room FF&E
• Guest Bathrooms
• New Roof (2024)

GADSDEN COUNTY / TALLAHASSEE:

Gadsden County is a county located in the Panhandle of Florida and is included in the Tallahassee metropolitan area. The Tallahassee Metropolitan Statistical Area consists of the Florida counties of Gadsden, Jefferson, Leon and Wakulla. Tallahassee is located approximately 10 minutes away and is home to two of Florida’s major public universities, Florida State University and Florida A&M University, as well as Tallahassee Community College. Together these institutions have a combined enrollment of more than 70,000 students annually.