Price Determined by Market DEAL FEATURES Excellent location at the intersection of US Route 183 and RM 1431 (Whitestone Boulevard) Situated in the vibrant commercial district of Cedar Park, close to numerous commercial and leisure demand generators Ideal size and operating model for owner/operator Minimal PIP expected from IHG Offered at discount to replacement Continue Reading about Holiday Inn Express & Suites Cedar Park Austin, TX
Texas
Candlewood Suites Austin North/Cedar Park Austin, TX
Price Determined by Market DEAL FEATURES Excellent location at the intersection of US Route 183 and RM 1431 (Whitestone Boulevard) Situated in the vibrant commercial district of Cedar Park, close to numerous commercial and leisure demand generators Ideal size and operating model for owner/operator Offered at discount to replacement cost Ownership completed Exterior Continue Reading about Candlewood Suites Austin North/Cedar Park Austin, TX
Residence Inn Houston – 12703 Southwest Freeway Stafford, TX
DEAL FEATURES Excellent location on the highly traveled Southwest Freeway (I-69/US 59) Well located to multiple commercial and leisure demand generators Ideal size and operating model for owner/operator Offered at discount to replacement cost Opportunity to keep Marriott Flag with 15-year license upon completion of the PIP BUILDING OVERVIEW 3 Stories, Interior Corridor Continue Reading about Residence Inn Houston – 12703 Southwest Freeway Stafford, TX
REDUCED: La Quinta Inn – 7603 North Navarro Street Victoria, Texas 77904
DEAL FEATURES Strategic US 77 Location Crossroads of the Golden Crescent Attractive Pricing Below Replacement Cost Recent $800,000 Renovation Turnkey Hospitality Investment Proven Financial Performance Manager-Friendly Operations Thriving Economic Ecosystem BUILDING OVERVIEW 4 Buildings 2 Stories, Exterior Corridor Wood Frame Construction Brick Façade Continue Reading about REDUCED: La Quinta Inn – 7603 North Navarro Street Victoria, Texas 77904
Holiday Inn Express & Suites – 120 Southpoint Lane Livingston, TX 77351
DEAL FEATURES Ownership completed Formula Blue 2.0 PIP Located less than 1 hour from Houston on US Highway 59 13% Cap Rate (rounded) based on 2024 NOI Easy property to manage remotely BUILDING OVERVIEW 2 & 3 Stories, Interior Corridor Wood Frame Construction Brick & Stucco Façade Pitched, Shingled Roof (New as of June 2024; 10 year warranty) Concrete Continue Reading about Holiday Inn Express & Suites – 120 Southpoint Lane Livingston, TX 77351
Motel 6 – 2233 Vine Street Colorado City, Texas 79512
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 Continue Reading about Motel 6 – 2233 Vine Street Colorado City, Texas 79512
Best Western Plus Sweetwater, TX
Mumford Company is pleased to announce they recently completed the sale of the Best Western Plus in Sweetwater Texas. Justin Pinkard, Managing Principal in the firm's Washington D.C. office along with Ryan Patterson, Vice President in the firm's Dallas office represented the seller, West Lone Star Ltd, in this transaction. The purchaser, Ram Ji Enterprises, LLC, plans to complete capital Continue Reading about Best Western Plus Sweetwater, TX
Deluxe Inn – Near Lackland Air Force Base – 6815 West US Highway 90 San Antonio, Texas 78227
Mumford Company is pleased to announce the of the recent closing on the San Antonio, TX Deluxe Inn of Lackland Airforce Base. Ryan Patterson based in the companies Dallas, TX office worked to facilitate the transaction. The buyer plans on rebranding the hotel into a dual branded Wyndham Flag with half extended stay and half limited service. This hotel was a short sale and was the second hotel Continue Reading about Deluxe Inn – Near Lackland Air Force Base – 6815 West US Highway 90 San Antonio, Texas 78227
Motel 6 Medical Center South – 7500 Louis Pasteur Dr, San Antonio, TX 78229
Mumford Company is pleased to announce they recently completed the sale of the San Antonio TX Motel 6 Medical District on behalf of CKP Hospitality, Inc. Ryan Patterson in the firms Dallas office represented the Seller while Justin Pinkard, Principal in the firm's Washington D.C. office represented the buyer in this transaction. About Mumford Company: Mumford Company was established in 1978 Continue Reading about Motel 6 Medical Center South – 7500 Louis Pasteur Dr, San Antonio, TX 78229
TRU by Hilton – Rockwall, TX
Mumford Company, a full-service hospitality brokerage advisory firm, has completed the sale of the Tru by Hilton Rockwall Dallas in Rockwall, TX. “It was our pleasure to have once again had the opportunity to represent McNeill family interests in the sale of the Tru by Hilton,” said David Mumford, senior principal, Mumford Company. “For more than 30 years, across many transactions as both Continue Reading about TRU by Hilton – Rockwall, TX
La Quinta Inn & Suites – 3610 Santa Ursula Avenue, Laredo, TX, 78041
Excellent location on IH 35 Ideal size and operating model for owner/ operator Offered at discount to replacement cost Location/Market Port Laredo ranked #2 among more than 450 air-ports, seaports, and border crossings in the United States with a record $231.58 billion in trade. Close to Regional Demand Generators Laredo Medical Center Downtown Laredo Laredo Colleges Continue Reading about La Quinta Inn & Suites – 3610 Santa Ursula Avenue, Laredo, TX, 78041
Red Roof Inn – 400 SW H. K. Dodgen Loop Temple, TX 76504
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to have represented Jigna Enterprises Inc. in the sale of the Red Roof Inn of Temple, Texas to Relianse Global. Ryan Patterson and Justin Pinkard both worked on this transaction to get it closed. The Red Roof was underperforming the STR comp set significantly, so Relianse expects to complete the PIP as well as change Continue Reading about Red Roof Inn – 400 SW H. K. Dodgen Loop Temple, TX 76504
Hampton Inn and Suites-7660 Memorial Boulevard Port Arthur, TX 77642
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the successful closing of the 72-unit Hampton Inn & Suites of Port Arthur, Texas. The property was sold via Ten-X platform where over 20 prospects qualified to bid and 7 participated in the process. Steve Kirby, Managing Principal in the firm’s Atlanta office, Ed James Managing Principal in the firm’s Continue Reading about Hampton Inn and Suites-7660 Memorial Boulevard Port Arthur, TX 77642
Super 7 Inn – 3002 South Cedar Street Pecos TX, 79772
Ryan Patterson, Vice President in Mumford Company’s Dallas, TX office, represented the seller in closing the transaction on the Super 7 in Pecos, Texas. The 96-unit, economy property sits at the intersection of Interstate 20 and US 285. Mumford Company presented the seller, a lender that foreclosed on this former Motel 6 in April 2020, with over 11 offers and 3 went to “Best & Final.” The winning Continue Reading about Super 7 Inn – 3002 South Cedar Street Pecos TX, 79772
Motel 6 – 909 66th St Lubbock TX, 79412
Mumford Company represented G6 Hospitality in the sale of the Motel 6 Lubbock, Texas. The 138 room hotel will retain the Motel 6 flag after the purchaser completes a full renovation and modernization of the property. The Motel 6 has a great location on Interstate 27 and is convenient to Texas Tech University. Burton Brooks, Ryan Patterson, and Justin Pinkard of the Mumford Company represented the Continue Reading about Motel 6 – 909 66th St Lubbock TX, 79412
Motel 6 – 2255 N Expy Brownsville TX, 78520
About Mumford Company: 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 Continue Reading about Motel 6 – 2255 N Expy Brownsville TX, 78520
