Holiday Inn Express & Suites sold for $8.4 million

The 70-unit property is about 1.3 miles north of Atlantic Boulevard.


  • By Monty Zickuhr
  • | 1:37 p.m. February 28, 2025
  • | 4 Free Articles Remaining!
The Holiday Inn Express & Suites Jacksonville - Mayport / Beach at 2040 Mayport Road.
The Holiday Inn Express & Suites Jacksonville - Mayport / Beach at 2040 Mayport Road.
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The Holiday Inn Express & Suites Jacksonville - Mayport / Beach sold Feb. 18 for $8.4 million.

The 70-unit hotel, built in 2009, comprises two properties totaling 1.49 acres at 2040 Mayport Road. It is about 1.3 miles north of Atlantic Boulevard.

The buyer is PH Lodging Jax Beach LLC of Odessa, near Tampa. PH Lodging is led by Dani Harish, described on his LinkedIn page as “a leading hotel management and development company.”

The PH Lodging website shows multiple apartments in St. Petersburg and a Holiday Inn Express & Suites in Tomball, Texas.

The seller is Jacksonville-based Mayport Development Partners Inc. and Mayport Lodging Inc. Both companies are led by Ashish K. Patel.

Hotel amenities include a pool, free breakfast, fitness center and is pet-friendly.

The hotel previously sold in 2006 for $1.25 million.

 

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