Address: 1780 Industrial Park Drive
City: Smithfield-Selma
State: NC
ZIP: 27576
Rooms #: 117
Additional Features:
Mumford Company was pleased to represent Royal Inn of Johnston County INC in the sale of the Royal Inn of Selma NC. The purchaser, Rapid Hotels, LLC is a regional hotel owner and operator who plans to renovate the property and convert it to a combination franchise within the Choice Hotels family of brands.
Ed James, Principal in Mumford Company’s Newport News office along with Justin Pinkard, Vice President in the firm’s Washington DC office collaborated together to assist the Seller in this transaction. Located at the Intersection of Interstate 95 and US 70-A, this property is approximately 1 mile from Carolina Premium Outlet Mall. The property is a 117 room, 2-story exterior corridor hotel with continental breakfast, recreational courtyard with pool and hot tub. Local and regional demand generators include Sysco Raleigh, LLC, American Music Jubilee, Ava Gardner Museum and Southern National Raceway Park.
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.
