News

01 Apr2021

Hunter Hotel Advisors Arranges Sale of the Hilton Garden Inn Sawgrass Village located in Ponte Vedra Beach, FL

Hunter Hotel Advisors ("Hunter") today announced the sale of the 127-Room Hilton Garden Inn (Hotel) Sawgrass Village located in the heart of Ponte Vedra Beach, FL.  Ponte Vedra Beach, home of the PGA Tour, is located within St. Johns County, one of the fastest growing counties in the country. 

The Hotel is situated within Sawgrass Village a 140K sf community shopping center in Ponte Vedra Beach. Recently redeveloped, the center has been transformed to create the “new town square” of Ponte Vedra Beach, with award-winning restaurants, unique boutique shopping, art galleries, home decor and service retailers.

 

The Hotel was originally built in 2000 as a Country Inn & Suites and later converted to a Hilton Garden Inn.  The hotel has historically been a top performer within the Hilton Garden Inn Brand, and the buyer, Noble Investment Group, based in Atlanta, GA will complete a major renovation at the Hotel to bring the property to the highest standards within the brand.  The seller was the original owner/developer of the Hotel.

Hunter was represented by Senior Vice President, Trey Scott, Jacksonville, FL.

 

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About Hunter Hotel Advisors

National reach. Local knowledge. Hunter Hotel Advisors is the nation’s leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory, and capital markets services of any size or complexity. With over 40 years of experience in both full and select-service single assets and portfolios, the firm’s capacity in valuation, economic analysis, and industry relationships have allowed Hunter to consistently maximize value regardless of market conditions.  Hunter Hotel Investment Conference is staged annually in Atlanta and provides education and networking for hotel owners and investors across the United States. Entering its 32nd year, the conference will host more than 500 attendees in May 2021.  For additional information, visit www.hunterhotels.net, www.hunterconference.com or contact the Atlanta headquarters at 770-916-0300.

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