Sleep Inn & Suites – Round Rock Texas

Mumford Company was pleased to represent Burton Hotel Group of Round Rock, LLC in the sale of the Sleep Inn & Suites in Round Rock, Texas, The purchaser, Icon Lodging, a growing hospitality ownership and management company with an expanding portfolio across the Texas region. Ryan Patterson, Vice President in the firms Dallas office, along with Ed James and Steve Kirby, both Mumford Company Managing Principals, represented the seller in the transaction. The Mumford Team successfully guided the transaction from marketing through closing, leveraging extensive hospitality market knowledge and a targeted buyer outreach strategy to achieve a successful outcome.

Located in one of the fastest-growing markets in Central Texas, the hotel benefits from its proximity to major employers, retail destinations, and the thriving Austin metropolitan area. The acquisition provides Icon Lodging with another strategically located asset that offers long-term operational and value-add potential. Ryan Patterson states “We are grateful for the opportunity to represent our client throughout this transaction and appreciate the professionalism of all parties involved and congratulations to Icon Lodging on the acquisition. We look forward to seeing the property’s continued success under its new ownership.”

About Mumford Company
Mumford Company was established in 1978 to provide top-quality hotel brokerage services and has a team of brokerage professionals with broad experience in all aspects of lodging acquisitions, development, consulting, and operations. They represent sellers of most major brands in markets throughout the country, and their diverse background allows them to have an awareness of key opportunities within the marketplace, so they can accurately position their client’s assets to maximize their investment results. The firm has an experienced sales team in regional offices across the country, including Newport News, Virginia; Atlanta, Georgia; Chicago, Illinois; Dallas, Texas, Washington D. C. and the newly opened Philadelphia, Pennsylvania office. Their track record of success for buyers and sellers made Mumford Company a leader for the last 48 years while upholding the values of the company from when it first began. For more information or to put the Mumford Company team to work for you, please contact Mumford at 757-873-0962, or by e-mail at sales@mumfordcompany.com