Address: 802 North General Bruce DriveTemple
City:
State: TX
ZIP: 76504
Rooms #: 99
Additional Features:
Mumford Company represented GE Capital Corporation in the sale of a 99 room hotel centrally located in the community of Temple, TX. The transaction facilitated by Mike Francis of the Company’s Dallas, TX office closed in less than 90 days from the date of market offering.
In addition to the 99 rooms, the property offers food & beverage amenities including a separate lounge and offers excellent visibility & access to I-35. The buyer, Mangal Murty LLC, will re-open the hotel following renovations. The price was not disclosed.
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.