Address: 4833 Hixson PikeChattanooga
City:
State: TN
ZIP: 37343
Rooms #: 57
Additional Features:
The Mumford Company was pleased to once again represent General Electric Capital Corporation in the sale of the Comfort Inn of Chattanooga, Tennessee to Hitten Hospitality, Inc. This is the 4th asset that Mumford Company has sold on behalf of General Electric and its’ affiliated companies over the past year. This transaction, also, represents the 10th hotel brokered by Mumford Company in 2010.
The purchasers are a local investment group based in Dayton, Tennessee that plan to make renovations to the hotel and convert to an alternative brand affiliation.
The 57 room, 2 story interior corridor hotel sits in a well developed commercial and retail area. The University of Tennessee at Chattanooga is minutes away as are numerous attractions for outdoor enthusiasts.
David Mumford with the firms Newport News, Virginia office, and Steve Kirby and Burton Brooks with Mumford Company’s Atlanta, Georgia office arranged the transaction.
Mumford Company’s commitment to results-oriented customer service has yielded outstanding client results for over 32 years. With its’ experienced sales team in four regional offices across the country, Mumford Company is a leader in the sale of mid-market and economy hotels. For more information contact Mumford Company at (757) 873-0962.
