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