The Candlewood Suites Jacksonville-Mayport is a 61-room, all-suite IHG hotel built in 2019 and located off Highway A1A, recently sold in Jacksonville, Florida.
DSH Hotel Advisors recently announced that Dennis S. Hopper, CCIM, Managing Principal/Founder of the firm, and Sam Subodh Patel, Senior Investment Associate, arranged the sale of the 61-room Candlewood Suites Jacksonville – Mayport for an undisclosed price. DSH Hotel Advisors represented the seller, Mayport Lodging 2, Inc., and the buyer, Butler Lodging LLC.
DSH Hotel Advisors held the exclusive listing with the seller, generating 130+ signed Confidentiality Agreements from qualified buyers, and multiple offers.
“DSH Hotel Advisors is proud to have facilitated the successful sale of the Candlewood Suites Jacksonville-Mayport, further reinforcing the firm’s strong presence in the Jacksonville market. The property will serve as a strategic addition to the buyer’s growing portfolio, complementing their existing holdings in the Jacksonville Beaches area, including the recently opened TownePlace Suites. This transaction marks DSH Hotel Advisors’ third hotel closing in the Jacksonville market this year, reflecting continued momentum and expertise in delivering value for both buyers and sellers,” said Patel.
“This transaction came together smoothly thanks to strong collaboration between all parties. It’s a great example of how DSH Hotel Advisors was able to generate multiple offers on behalf of the seller, select the best buyer for the asset, and deliver a hands-on approach from start to finish,” remarked Hopper.
Each spacious suite features a fully equipped kitchen and work area, catering to extended-stay and value-conscious guests. The property remains in excellent condition with ongoing maintenance and minimal anticipated PIP. Positioned for growth with strong brand backing, the hotel offers stable operational performance and attractive investment potential.
DSH Hotel Advisors is a national hotel brokerage and advisory firm headquartered in Tampa specializing solely in hotel investment sales.
