BOB Hotels (Tallahassee)

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. In its first full year of operations, the property exceeded $2.2 million in gross revenue and is projected to reach $2.4 – $2.5 million, underscoring the strength of the brand’s operating model. By the end of 2025, BOB captured market share by a landslide, earning the #1 ranking on TripAdvisor and achieving the highest customer satisfaction scores on 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.