Address: 500 East Highway 80Pooler
City:
State: GA
ZIP: 31322
Rooms #: 140
Additional Features:
Mumford Company is pleased to announce the completed sale of the Econo Lodge of Pooler, GA in which the Steve Kirby and Burton Brooks of company’s Atlanta, Georgia office represented the seller in structuring the transaction of this 117 room property. Mumford Company presented numerous offers and closed the deal in 90 days from initial market exposure.
The seller, a single asset owner from the Midwest, sold the property to return proceeds to investors. Steve Kirby and Burton Brooks from the firm’s Atlanta office were integrally involved in all aspects of the deal. According to Kirby, “This deal provided the purchaser a vehicle to enter the lucrative north Savannah market. Strong upside via hands on marketing and management should ensure success for the purchaser in the short term and the underlying real estate value provides a variety of future redevelopment possibilities.”
Celebrating their 30th anniversary in 2008, the Mumford Company is a proven leader in the field of hotel real estate brokerage. The firm’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 or to view current listings, please visit our Exclusive Listings Page for detailed information on any of our exclusive listings or contact (757) 873-0962.
