Downtown Southbank Hampton Inn sold for $15.9 million

The 118-room hotel, built in 1998, is on Prudential Drive.

  • By Dan Macdonald
  • | 11:27 a.m. November 21, 2022
  • | 5 Free Articles Remaining!
The Hampton Inn at 1331 Prudential Drive. (Google)
The Hampton Inn at 1331 Prudential Drive. (Google)
  • Real Estate
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The Hampton Inn at 1331 Prudential Drive on the Downtown Southbank sold Nov. 14 for $15.925 million.

The seller was Jacksonville Hotel Property Company LLC.

The buyer was a group of companies.

They comprise Fortune Investments L.L.C. of Charlotte, North Carolina (85%); J&A Hotel Investments LLC (12%); The Navroz F. Daju Revocable Trust (2%); and Hotel Development and Management Group LLC (1%).

The businesses other than Fortune are part of HDG Hotels of Ocala.

Built in 1998, the hotel sits on 1.64 acres. It has 118 rooms – 62 double and 56 single-occupancy.

It has a pool and a fitness center. 

Jacksonville Hotel Property Company bought the hotel in September 2016 from by BlueShore Financial of North Vancouver, British Columbia, Canada, for $16.9 million. 

 

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