DSH Hotel Advisors Successfully Completes Sale of Candlewood Suites in Jacksonville Amid Growing Hospitality Market

DSH Hotel Advisors Facilitates Candlewood Suites Sale in Jacksonville

DSH Hotel Advisors, a leading hotel brokerage and advisory firm based in Tampa, Florida, has successfully closed the sale of the Candlewood Suites in Jacksonville, Florida. This 61-room property, strategically located off Highway A1A, was sold on June 24, 2025, for an undisclosed amount. The transaction is part of the firm’s ongoing efforts to strengthen its presence in the dynamic Jacksonville hospitality market.

A Growing Hospitality Market

The sale of Candlewood Suites comes at a time of increasing interest and investment in the Jacksonville area, particularly as travelers seek quality accommodation options. DSH Hotel Advisors, led by founding Principal Dennis S. Hopper and Senior Investment Associate Sam Subodh Patel, played a crucial role in connecting the seller, Mayport Lodging 2, Inc., with the buyer, Butler Lodging LLC. With over 130 signed Confidentiality Agreements from prospective buyers, interest in the property was robust, resulting in multiple competitive offers.

Unique Property Features

The Candlewood Suites is an all-suite hotel that caters to extended-stay guests, equipped with a fully stocked kitchen and ample work area. Built in 2019, the property is in excellent condition, requiring minimal maintenance in the near future. The investment potential remains attractive, supported by its strong operational performance and brand backing from InterContinental Hotels Group (IHG).

Patel commented on the transaction: "This is not just a sale; it signifies the ongoing momentum in the Jacksonville market, showcasing DSH's expertise in creating value for both buyers and sellers. The buyer's portfolio is complemented by this addition, enhancing their reach in the Jacksonville Beaches area with landmarks such as the newly opened TownePlace Suites."

Expertise and Collaboration

The smooth execution of this transaction underscores the collaborative approach taken by DSH Hotel Advisors. Hopper remarked, "Our ability to generate multiple offers for the seller, while carefully selecting the most suitable buyer, demonstrates the effectiveness of our hands-on service throughout the sale process."

This transaction marks the third closure by DSH Hotel Advisors in Jacksonville this year, highlighting the firm’s growing footprint in what is quickly becoming a hotspot for hotel investments in Florida. The ongoing demand for quality lodging options continues to draw attention from both local and national investors.

About DSH Hotel Advisors

Founded and headquartered in Tampa, Florida, DSH Hotel Advisors specializes exclusively in hotel investment sales across the United States. With a strong regional focus in the Southeast, the firm has facilitated over $3 billion in hotel asset transactions. Building rapport with key industry stakeholders, including institutional investors, legal advisors, and management companies, DSH Hotel Advisors offers a wide range of services to ensure the most effective and strategic outcomes for its clients.

For more information, visit DSH Hotel Advisors.