The Candlewood Suites Jacksonville – Mayport hotel sold June 24 for $8.1 million.
The property is at 2073 Mayport Road, about 2.4 miles south of the Mayport Naval Station main gate.
The seller was Mayport Lodging 2 Inc. led by Jayesh Parag.
The buyer was Butler Lodging LLC led by Tejal Patel. Patel is principal of Shivam Properties, a Jacksonville Beach hotel developer and operator.
Built in 2019, the 31,268-square-foot hotel sits on 1.13 acres.
Suites are equipped with a full kitchen with all the supporting cookware to prepare food; a work desk; Wi-Fi; and wired internet. It has a fitness center, pool and laundry facility.
The extended stay hotel is an International Hotel Group property. IGH has 6,000 hotels in more than 100 countries.