Address: 6626 East Dr. Martin Luther King BoulevardTampa
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State: FL
ZIP: 33619
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Mumford Company represented Supertel Hospitality in the disposition of the Masters Inn Fairgrounds of Tampa, Florida. This was the 10th Masters Inn that Mumford Company has sold in the past three years for the seller.
The property was sold to a local operator with other hotels in the Tampa market. The buyer plans to take advantage of the growth opportunities in this Interstate 4 sub-market as well as the improving conditions in the greater Tampa market area.
Centrally located within the metropolitan Tampa market, this Masters Inn property is adjacent to Interstate 4, near its’ intersection with Interstate 75. The 127-room, 2-story hotel is conveniently located minutes from Tampa Fairgrounds and Expo Park, Seminole Casino, Busch Gardens, Raymond James Stadium and the Tampa International Airport.
David Mumford in Mumford Company’s Newport News office along with Steve Kirby and Burton Brooks in the firm’s Atlanta, Georgia office negotiated the transaction on behalf of the seller.
Mumford Company is a hotel real estate brokerage firm with a commitment to results-oriented customer service that has accomplished over 830 completed transactions in its nearly 34-year history. With its’ experienced sales team in five regional offices across the country, including the company’s newly opened Washington DC office, Mumford Company is a leader in the sale of mid-market and economy hotels. For more information contact Mumford Company at (757) 873-0962.
