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 on February 19, 2025. 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.
Hopper says, “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. 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.”
Sam Patel adds, “This freshly renovatedHoliday 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.”
“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,” comments 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.
About DSH Hotel Advisors www.DSHHotelAdvisors.com: DSH Hotel Advisors is a national hotel brokerage and advisory firm based out of Tampa, Florida. The firm exclusively represents hotel investors seeking an acquisition or disposition of hotel assets throughout the United States, with a regional focus in the southeast. The company has deeply rooted relationships with key personnel throughout the hospitality industry, including independent and institutional investors, real estate and franchise attorneys, management companies, franchisors, contractors, and lenders, allowing them to deliver a full spectrum of service to their clients and ensure the best team is on the field for every assignment.
Media Contact:
Dennis Hopper
813-767-9953
390883@email4pr.com
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SOURCE DSH Hotel Advisors
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