TRYP by Wyndham Tallahassee

Highlights:

• Tax Roll Number: 110875 A0050
• Annual Tax: $ 234010.76
• Available Floors: 3
• Max Contiguous Area: 66819.0
• Min Divisible Area: 66819.0
• Appliances: Microwave
• Cooling: A/C
• Flooring: Tile
• Water: Municipal Water
• Age: 21-30 Years Old
• Amenities: Fitness Center
• Area Description: Metropolitan
• Lot Size: 2-5 Acres
• Sewer: City

Description:

Discover the vibrant surroundings of TRYP by Wyndham Tallahassee, nestled in the heart of Florida's capital city. With a lively arts scene, diverse culinary offerings, and a bustling nightlife, the area caters to both business and leisure travelers. Its prime location provides an attractive opportunity for hospitality investors seeking a strategic foothold in this dynamic market. Explore the abundant dining, entertainment, shopping and cultural offerings that make this location a prime investment opportunity.
CLOSE PROXIMITY TO
Florida State Capitol (5.5 miles)
Florida State University (6 miles)
Florida A&M University (6.5 miles)
Alfred B Maclay Gardens State Park (1.5 miles)
Governor’s Square Regional Mall (5 miles)
Railroad Square Art District (7 miles)
Tallahassee International Airport (14 miles, 22 minutes)

WYNDHAM BRAND TRYP is a newer Wyndham midscale brand positioned for lifestyle-focus with European flair but priced and operated in the upper midscale tier. TRYP benefits from Wyndham Hotel & Resorts being the largest hotel franchising company with over 8,500 properties globally. Franchisees enjoy Wyndham’s global distribution system, marketing power and Wyndham Rewards, one of the top-rated hotel loyalty programs.

ROOM MIX
(1) Queen Master 4
(2) Queen Standard 27
(1) King and (1) Bunk Bed 56
(1) King, 1 Bedroom Family Suite 13
Total 100

ADDITIONAL PROPERTY INFORMATION
Year built – 1989
Current ownership acquired – October 2022
Recently completed property improvement program and other improvements
($620,000)
Gross building square footage – 66,819
3 stories, interior corridor, concrete block construction
Land size 2.08 acres
Zoning – Leon County, OR-3

Introducing a prime investment opportunity in Tallahassee, FL: 1978 Village Green Way. Renovated in 2023, the turnkey acquisition presents immediate value with a $620K upgrade. The 66,819 SF TRYP by Wyndham features 100 guest rooms (a non smoking, pet friendly property), restaurant/tavern, 24-hour front desk and business services, 24/7 fitness center, complimentary breakfast with hot options, free parking, and free highspeed Wi-Fi in rooms and throughout the property. All rooms have a desk with an ergonomic chair, flat screen HDTV, free high-speed wireless, coffee/tea maker, hair dryer, ironing amenities, bath products, and more. Family suites also include a microwave, full-size fridge and wet bar area. With upside potential through enhanced ADR and repositioning, this hotel presents a compelling opportunity for Hospitality investors seeking to capitalize on its brand strength and market potential. This property offers both turnkey operational stability and long-term appreciation potential.

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Listing ID: 1164bc78-20b8-42af-a93e-a0003c4d3f9b