Holiday Inn Express & Suites Jacksonville Airport sold Jan. 21 for $10.4 million.<\/p>\n
The hotel is at 1200 Airport Road about 3 miles east of Jacksonville International Airport.<\/p>\n
The seller is Elite Hospitality of Ormond Beach, through Elite Hospitality IV LLC.<\/p>\n
The buyer is JG JAX Airport LLC of Jacksonville. It was issued a $6.24 million mortgage with The Claxton Bank of Claxton, Georgia.<\/p>\n
JG JAX Airport LLC is managed by Reekee R. Patel, Bhavesh V. Patel and Romik A. Patel.<\/p>\n
Built in 2002, the five-story, 50,052-square-foot Holiday Inn Express & Suites Jacksonville Airport sits on 2.48 acres.<\/p>\n
It has 81 guest rooms offering standard king, standard double queen, king suite, queen suite and specialty suite rooms.<\/p>\n
It offers breakfast, an airport shuttle and free parking.<\/p>\n
There is a pool and a hot tub, 24-hour fitness center, 24-hour business center and meeting space to accommodate 40 to 50 people.<\/p>\n
It last sold in September 2004 for $5.39 million.<\/p>\n
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