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Hyatt Place Jacksonville — Apple Hospitality acquisition
$15,400,000 · $121,260/key
Apple acquired the existing 127-room Hyatt Place Jacksonville on December 7, 2018 for a $15.4 million gross purchase price. Harbor PPK is $15.4 million ÷ 127. Use the table price, not transaction costs. Seller unnamed. Harbor will not invent a submarket the table does not name. Not a South Beach PPK. The $152.2 million 2018 line is the sum of five named 10-K prices. Older than the 2025–26 blotter cut.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed December 7, 2018)