OFFERING OVERVIEW:
DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Holiday Inn Express & Suites Jacksonville-Mayport/Beach, an IHG Hotel, located in Jacksonville, Florida. The 70-room interior corridor hotel consists of 49 standard guest rooms and 21 guest suites. The prime location just one mile from the Naval Station Mayport and 1.5 miles from Atlantic Beach. The strategic location directly off of Highway A1A provides high visibility and positions the hotel for significant growth in the years ahead.


PROPERTY CONDITION:
The Holiday Inn Express & Suites Jacksonville-Mayport/Beach was built in 2009 and remains in excellent condition due to the recent $1.55M Formula Blue PIP renovation completed in 2023/2024 and an ongoing capital improvement plan. It is estimated that the change of ownership PIP would be approximately $50,000+/-; however, that is only an estimate and would need to be verified by IHG Hotels via an issued change of ownership PIP.


LOCATION OVERVIEW:
The Holiday Inn Express & Suites Jacksonville Mayport/Beach, an IHG Hotel, is situated in the Jacksonville Metropolitan Statistical
Area and is situated near multiple diverse demand generators and in a high growth market. Located on Highway A1A just north of Neptune Beach and is in close proximity to several other notable beaches such as Fernandina Beach, Jacksonville Beach, Ponte Vedra and a short drive to historic St. Augustine. The subject property is immediately adjacent to the Naval Station Mayport and centrally located to several demand generators such as downtown Jacksonville, Jacksonville University, the University of North Florida Jacksonville, and the expanding Mayo Clinic, which is in the process of completing a $432M campus expansion, with plans for further expansion on a newly acquired 20+ acres. Guest types may include leisure and business travelers, leisure travelers on A1A, healthcare professionals, travel nurses, construction workers, snowbirds, University of North Florida students and families, Mayo clinic patients, families and visitors.


Nearby Cities Include:
St. Augustine 40 Miles
Gainesville 72 Miles
Savannah 140 Miles


Property Highlights:
• Holiday Inn Express & Suites Jacksonville-Mayport/Beach, an IHG Hotel
• 70-Rooms / 3 Stories / Interior Corridor
• Year Built - 2009
• Formula Blue PIP Renovation Completed in 2023/2024
• Located in a High Growth Market
• Upward Trend in Revenue
• Amenities Include: Outdoor Pool, Fitness Center, Business Center, Guest
Laundry, Complimentary Breakfast Buffet


Location Highlights:
• 1.0 Miles to Naval Station Mayport
• 1.5 Miles to Atlantic Beach
• 5.3 Miles to Jacksonville Beach Pier
• 5.3 Miles to Adventureland Water Park
• 8.0 Mayo Clinic Jacksonville
• 12.1 Miles to University of North Florida
• 18.3 Miles to Museum of Science & History
• 19.5 Miles to Downtown Jacksonville
• 24.6 Miles to Jacksonville International Airport


Financial Highlights:
• List Price of $11,550,000
• YE 2023 NOI / Cap Rate: $802,155 / 6.95%
• YE 2023 Room Revenue / RRM: $2,415,000 / 4.78%
• YE 2023 ADR / OCC / RevPAR: $109.16 / 86.90% / $94.86
• Minimal Estimated PIP