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Dallas-Based REIT Sells Hotel in Jacksonville, Florida

Ashford Hospitality Trust Nets Nearly Full $11.5 Million Sale Price
The 102-room SpringHill Suites Jacksonville in Jacksonville, Florida sold for $11.2 million. (CoStar)
The 102-room SpringHill Suites Jacksonville in Jacksonville, Florida sold for $11.2 million. (CoStar)
By Madison Cromwell
CoStar Research
December 30, 2019 | 10:47 P.M.

Ashford Hospitality Trust, a real estate investment trust headquartered in Dallas, Texas, sold the SpringHill Suites Jacksonville in a year-end transaction for $11.5 million, or $109,804 per room.

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