Address: 960 West Pointe Court
City: Lithia Springs
State: GA
ZIP: 30122
Rooms #: 91
Additional Features:
Mumford Company announces the successful disposition of the Country Inn & Suites of Six Flags-Atlanta West, Georgia. Mumford represented an affiliate of Banyan Investment Group in the sale to Cosmo Ventures, LLC. The process from listing date to closed sale was less than six months. Steve Kirby, Principal and Burton Brooks, Vice President in the firm’s Atlanta office managed the marketing and transaction activities on behalf of the seller. Kirby states, “ this property is another fine example of the health of the lodging industry last year and the likely continuance through 2014 and the next few years. Opportunities exist for both buyers and sellers to achieve their goals in the current environment.” The purchasing group was a sophisticated, regional owner operator with significant holdings throughout the southeast. The property is situated in western Atlanta’s industrial and residential corridor. The opportunity provided the purchaser a property in excellent condition, with significant growth anticipated in the region via Six Flags and other industrial expansion. Purchaser plans cosmetic renovations and will continue to operate as a Country Inn & Suites branded hotel.
A proven leader in the field of hotel real estate brokerage, Mumford Company’s commitment to results-oriented customer service has yielded outstanding client results year after year. As a specialist in mid-market assets, Mumford Company has structured the sale of hundreds of hotels in the past five years alone, representing a wide array of owners and investors. For more information, please call (757) 873-0962.
