OFFERING OVERVIEW:

DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Knights Inn Jacksonville at Dix Ellis Trail, a Red Lion Hotel, located in Jacksonville, Florida. The 109-room exterior corridor hotel is located directly off of Interstate 95 (117,000 AADT) and Baymeadows Road (46,500 AADT) with high visibility. The prime location near I-95 in Jacksonville offers access to a high-demand Florida market fueled by tourism, logistics, and military sectors and positions the hotel for an opportunity for significant growth in the years ahead. Red Lion Hotels, under the Sonesta umbrella, delivers strong brand recognition and flexible conversion models that keep costs lower than larger chains.

PROPERTY OVERVIEW:

The subject property remains in good condition, supported by an ongoing capital improvement plan. A change-of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $50,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Red Lion Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters.

Recent Improvements Include:

• 20 New PTAC Units
• Maintenance - 80 PTAC Units
• 40 New Samsung 40” Televisions
• New Paint Exterior Door
• New Locks (SecureLox) Throughout Whole Property
• New Bathroom Fans, Bathroom Tub Drains, Sink Drains
• New LED Flood Lights Throughout Whole Property
• Solar Powered Flood Lights
• New Guest Laundry Machines
• New Pepsi / Snack Machine

MARKET OVERVIEW:

The Knights Inn Jacksonville at Dix Ellis Trail is situated in the Jacksonville Metropolitan Statistical Area, a dynamic market that attracts more than 22 million annual visitors through a mix of tourism, healthcare, military, logistics, and financial services. Located in Northeast Florida along the St. Johns River and the Atlantic Ocean, Jacksonville serves as a regional hub for commerce, military, and transportation. The metro area is home to major interstates including I-95 and I-10, with direct connectivity to Central Florida and the Southeast. Jacksonville is a key center for the U.S. Navy, with Naval Air Station Jacksonville and Naval Station Mayport among the area’s largest employers, alongside Blount Island Command—a major Marine Corps Logistics base. The city is also recognized for its port facilities, with JAXPORT serving as one of the nation’s leading seaports for container shipping and vehicle imports. Beyond its military and logistics presence, Jacksonville supports a diverse economic base with healthcare, finance, and insurance leading growth sectors. Major employers include Mayo Clinic, Baptist Health, Bank of America, Citi, CSX Corporation, and FIS Global. With over 22 miles of beaches, a strong tourism economy, and status as Florida’s most populous city north of Orlando, Jacksonville continues to attract both corporate investment and leisure visitors.