Address: Morgantown
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State: WV
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Mumford Company was pleased to represent Inn at Morgantown, LLC in the recent sale of the Residence Inn of Morgantown, West Virginia to an investment group led by McNeill Morgantown, LLC. This is the 6th strategic disposition transaction that Mumford has facilitated on behalf of affiliates of Virginia Inn Management over a long, successful relationship. The purchasers have acquired an award-winning hotel that produces outstanding operating results. They plan to complete a minor cosmetic PIP and continue to be a market leader in this strong university/medical region.
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.
