TALLAHASSEE DOWNTOWN
Hodges Ward Elliott is pleased to exclusively offer for sale the fee-simple interest in the 164-room Four Points Tallahassee Downtown (the “Hotel” or “Property”), which also includes Bricks & Brass, a renovated adjacent building utilized as additional event space. Strategically located in Florida’s capital city, the Property benefits from year-round demand driven by government, education, sports, and tourism sectors.
Situated in the heart of Downtown Tallahassee, the Hotel is less than one mile from the Florida State Capitol and the campuses of Florida State University (FSU) and Florida A&M University (FAMU). The Property is also walkable to popular local attractions including Cascades Park, CollegeTown, and the Donald L. Tucker Civic Center, one of the region’s largest sports and event venues.
Tallahassee continues to experience sustained economic and population growth, supported by a strong base of public sector employment, expanding university infrastructure, and a growing reputation as a top-tier destination for legislative sessions, collegiate athletics, and outdoor recreation. With proximity to I-10 and only a 15-minute drive to Tallahassee International Airport, the Hotel enjoys convenient regional connectivity and a diversified mix of transient, group, and government demand.
| Address: | |
| Rooms: | 164 |
| Floors: | 12 |
| Year Built: | 1960 |
| Renovated: | |
| F&B Outlets: | Juicy Blue Bar & Bistro |
± 10,200 SF Total
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| AMENITIES: |
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| Interest: | Fee Simple |
| Management: | Unencumbered |
| Labor: | Non-Union |
| Current License Term: | June 2032 |
Investment Highlights
PRIME DOWNTOWN LOCATION
Ideally located in the heart of Downtown Tallahassee, the Four Points by Sheraton sits less than one mile away from the Florida State Capitol, Leon County Courthouse, and the campuses of Florida State University and Florida A&M University. Together, the universities enroll over 53,000 students and employ more than 17,000 faculty and staff. FSU football alone draws over 70,000 fans per game, driving peak weekend compression during the fall season.
Surrounding the Hotel is a vibrant mix of government, cultural, and entertainment attractions. Just blocks away, Cascades Park, a 24-acre urban greenspace featuring the Adderly Amphitheater, hosts concerts, festivals, and community events. The nearby Donald L. Tucker Civic Center includes a 12,500-seat arena and over 54,000 SF of meeting space, welcomes over 500,000 annual visitors across sporting events, concerts, and conventions.
Tallahassee’s cultural landscape is enriched by institutions such as the Museum of Florida History, Florida Historic Capitol Museum, and Railroad Square Art District, all of which enhance the areas appeal to leisure travelers. Additionally, guests have access to more than 700 miles of hiking, biking, and paddling trails, including Lake Jackson Mounds State Park and the Tallahassee Museum, supporting the city’s growing reputation as an outdoor recreation hub.
HIGH-PERFORMING JOB MARKET FUELING ECONOMIC STRENGTH
Tallahassee consistently ranks among the strongest-performing economies in the nation, driven by job growth, a favorable business climate, and robust workforce development. In 2024, the city ranked 12th nationally for overall economic strength and has added over 18,000 new jobs in the past five years, placing it in the top 15% of U.S. metros for job growth.
As the state capital and home to two major public universities, Tallahassee benefits from a well-diversified economic base anchored by government, education, healthcare, and emerging industries. Major employers include Florida State University, the State of Florida, Tallahassee Memorial HealthCare, the City of Tallahassee, Leon County Schools, and Florida A&M University. The region is also supported by a growing base of private employers in legal services, tech, and professional services.
CLEAN INVESTMENT OPPORTUNITY WITH MAXIMUM FLEXIBILITY
The Property is offered fee simple and free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
NO NEW SUPPLY UNDERWAY
Within the entire Tallahassee market, there are zero hotels under construction. In a market driven by stable institutional demand, the absence of new inventory positions a new owner to benefit from sustained occupancy levels, rate growth, and the ability to capitalize on market compression during peak periods.
POWER OF MARRIOTT
The Property benefits from its affiliation with Marriott, the world’s most recognizable and top-performing hospitality brand. Marriott’s powerful centralized marketing, booking, and loyalty systems provide the Hotels with access to 200 million Marriott Bonvoy members worldwide.
