Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced today the sale of the 195-key Wyndham Garden Inn, located at 201 Water Country Parkway, Williamsburg, VA 23185. The property, built in 1986, was purchased by OM Namah, LLC from SAI Realty Holdings, LLC. The property is strategically positioned near numerous demand generators including Busch Gardens, Water Country USA, Colonial Williamsburg, Camp Peary, Yorktown, Jamestown and College of William and Mary.
Justin Pinkard, Principal in Mumford Company’s Washington D.C, represented the Seller in this transaction.
The purchaser, OM Namah, LLC, is a regional hotel owner with multiple properties across the region. After mainly cosmetic renovations, the 195-unit building will become a dual brand Wyndham Garden Inn and Hawthorn Suites. Mumford Company Principal, Justin Pinkard, in Mumford Company’s Washington D.C. office, represented the seller in the transaction.
Justin Pinkard states, “This is the 2nd time Mumford Company has worked with affiliates of the Seller on either acquisitions or dispositions. Repeat clients and customers are most important to us and are thankful for them. This transaction encompassed several moving pieces that required patience and fortitude by all parties.”
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.
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