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Candlewood Suites Jacksonville-Mayport, FL – Image Credit IHG Hotels & Resorts
DSH Hotel Advisors, a hotel brokerage and advisory firm based in Tampa, Florida, announced the sale of the Candlewood Suites Jacksonville-Mayport. The transaction was finalized on June 24, 2025, with the firm representing the seller, Mayport Lodging 2, Inc., and the buyer, Butler Lodging LLC. The sale price was not disclosed.
The Candlewood Suites Jacksonville-Mayport is a 61-room, all-suite hotel located off Highway A1A in Jacksonville, Florida. Built in 2019, the hotel features suites equipped with kitchens and work areas, catering primarily to extended-stay guests. The property is reported to be in good condition with ongoing maintenance and minimal required property improvement plans (PIP).
DSH Hotel Advisors managed the exclusive listing for the seller, generating interest from over 130 qualified buyers who signed Confidentiality Agreements. The firm received multiple offers for the property, ultimately facilitating the sale to Butler Lodging LLC. This transaction marks the third hotel sale DSH Hotel Advisors has completed in the Jacksonville market this year.
The sale of the Candlewood Suites Jacksonville-Mayport is part of a strategic expansion for Butler Lodging LLC, which aims to enhance its portfolio in the Jacksonville Beaches area. The acquisition complements their existing holdings, including a recently opened TownePlace Suites.
DSH Hotel Advisors specializes in hotel investment sales and has been involved in transactions totaling over $3 billion in hotel assets nationwide.