Address: 2707 Atlantic Ave, Virginia Beach
City: Virginia Beach
State: VA
ZIP: 23451
Rooms #: 38
Additional Features:
Mumford Company was pleased to once again represent a local family ownership group in the sale of the Econo Lodge on the Ocean in Virginia Beach, Virginia to Ocean 27th, LLC. This is the third property sale that Mumford has completed for this group over the past 20 years and is their last hospitality investment. The new owners plan to operate the property as an independent boutique property for now with possible redevelopment plans in the future.
About Mumford Company:
Mumford Company was established in 1978 to provide top quality hotel brokerage services and has a team of brokerage professionals with broad experience in all aspects of lodging acquisitions, development, consulting and operations. They represent sellers of most major brands in markets throughout the country, and their diverse background allows them to have an awareness of key opportunities within the marketplace, so they can accurately position their client’s assets to maximize their investment results. The firm has an experienced sales team in regional offices across the country, including Newport News, Virginia; Atlanta, Georgia; Chicago, Illinois; Dallas, Texas, Washington DC, and Tampa, Florida. Their track record of success for buyers and sellers have made Mumford Company a leader for the last 41 years while upholding the values of the company from when it first began. For more information or to put the Mumford Company team to work for you, please contact Mumford at 757-873-0962, or by e-mail at sales@mumfordcompany.com
