Address: 6523 Midlothian TurnpikeRichmond
City:
State: VA
ZIP: 23225
Rooms #:
Additional Features:
The Mumford Company was once again pleased to represent affiliates of Allen Managemen in the sale of the Econo Lodge-Midlothian Turnpike in Richmond, Virginia to Shreemai, LLC. This is the 6th transaction that Mumford Company has structured for this seller in the past two years and part of a multi-unit disposition program. The purchasers are a regional investment group with significant holdings in the lodging industry in the Mid-Atlantic region. They plan to make renovations to the hotel and retain the Econo Lodge franchise.
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.
