Address: 11829 Fishing Point DriveNewport News
City:
State: VA
ZIP: 23606
Rooms #: 125
Additional Features:
The Mumford Company was pleased to represent PMC Commercial Trust in the recent sale of the Days Inn Oyster Point of Newport News to Shrihari, LLC. PMC, a national hospitality lender, aquired the property through foreclosure in May of 2012 and Mumford Company was able to complete the sale of the property in less than 90 days. The buyers, Shrihari, LLC, are experienced hotel owner/operators who plan to make substantial renovations to the hotel, retain the Days Inn franchise and reposition the property as a mid-priced lodging option for area business travelers
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.
