The sale of the Holiday Inn Express Jacksonville near Mayport Naval Station was recently announced.
DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, Florida specializing solely in hotel investment sales, announced that their brokerage team arranged the sale of the 70-room Holiday Inn Express & Suites Jacksonville – Mayport/Beach for an undisclosed price last month. Dennis S. Hopper, CCIM, Managing Principal of the firm, and Sam Subodh Patel, Senior Investment Associate represented the seller, Mayport Lodging, Inc., and Randy B. Taylor, Senior Vice President Investments at DSH represented the buyer, PH Lodging Jax Beach LLC.
DSH Hotel Advisors held the exclusive listing with the seller, generating 200+ 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,” Hopper said. “With investor sentiment strengthening since the start of 2025, DSH Hotel Advisors is well-positioned to deliver exceptional results for buyers and sellers of hotel assets nationwide. We anticipate announcing several notable sales in the upcoming months – continuing to serve the hotel investment community.”
“This freshly renovated Holiday Inn Express and Suites, located near Mayport Naval Station in Jacksonville FL, has been successfully sold to PH Lodging Hospitality,” Sam Patel added. “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.”
“Our team successfully assisted a 1031 buyer in identifying an asset with very little time remaining. The transaction met the seller’s goals and closed within an impressive 76-day contract-to-closing timeline. Given the property’s strong operations and recent renovations, we anticipate the buyer will achieve great success. We are actively working with several buyers to identify similar upper-mid-scale properties throughout the Southeast and expect 2025 to be a year filled with significant transactions,” commented Taylor.
The Holiday Inn Express Jacksonville – Mayport/Beach received $1.55M in renovations in accordance with the Formula Blue PIP, completed in 2024. Located just 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.
