DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, specializing solely in hotel investment sales, arranged the sale of the 70-room Holiday Inn Express & Suites Jacksonville – Mayport/Beach for an undisclosed price.
Dennis S. Hopper, managing principal, and Sam Subodh Patel, senior investment associate represented the seller, Mayport Lodging Inc., and Randy B. Taylor, SVP, investments, DSH represented the buyer, PH Lodging Jax Beach LLC.
DSH Hotel Advisors held the exclusive listing with the seller, generating 200-plus signed confidentiality agreements from qualified buyers and received multiple offers from buyers throughout the country.
“This marks the second Holiday Inn Express in Florida that we’ve successfully brokered the sale of in the past two months, following the successful sale of the Holiday Inn Express in Plant City, FL,” said Hopper.
Patel adds, “This freshly renovated Holiday Inn Express and Suites, located near Mayport Naval Station in Jacksonville, FL, has been successfully sold to PH Lodging Hospitality. The transaction marks a new chapter for the property which was developed and owned by Jacksonville, FL-based Mayport Lodging Inc. since 2009. The sellers expressed confidence that the new ownership will continue the hotel’s success while introducing fresh opportunities for growth.”
The hotel received $1.55 million in renovations in accordance with the Formula Blue PIP, completed in 2024. Located north of Neptune Beach, and in close proximity to Fernandina Beach, Jacksonville Beach, Ponte Vedra, the property’s strategic location directly off of Highway A1A provides high visibility and positions the hotel for significant growth in the years ahead.
Source: Jacksonville Holiday Inn Express changes hands
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