Mumford Company, full-service hotel advisory firm since 1978, was pleased to represent First Troy SPE LLC in the sale of the former Best Western Plus of Walker, LA to Jay Ambe 2021, LLC. The purchaser is a regional hotel owner and operator and plans to reopen the hotel as a Best Western Plus after mainly cosmetic renovations. Mumford Company managing principals Ed James and Steve Kirby represented Continue Reading about Best Western Plus Regency Park Hotel – 13600 Hartman Lane Walker LA, 70875
recentsales
Americas Best Value Inn – 128 Cheekwood Ln Ullin IL, 62992
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent Surbhi Properties, LLC in the sale of the Americas Best Value Inn of Ullin, Illinois. The purchaser, IAH Hotels, LLC. is from North Carolina and was searching in multiple states for an interior corridor hotel within his budget. The hotel will retain its Americas Best Value Inn franchise, allowing the Buyer as Continue Reading about Americas Best Value Inn – 128 Cheekwood Ln Ullin IL, 62992
Former Quality Inn – 2020 Apalachee Parkway Tallahassee FL, 32301
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent First Troy SPE, LLC in the sale of the former Quality Inn of Tallahassee Florida. The purchaser, Sunrise Tallahassee Inc. is a regional multi-property owner and operator who has plans to fully renovate and reopen the currently closed property with a mid-market national franchise. Ed James and Steve Kirby, Continue Reading about Former Quality Inn – 2020 Apalachee Parkway Tallahassee FL, 32301
Super 8 – 711 Townview Drive Lebanon VA, 24266
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the sale of the Super 8 by Wyndham in Lebanon, Virginia. The seller was S&P Lebanon, LLC and the purchaser is a regional hotel investor purchasing his first nationally franchised property. The purchaser plans to make cosmetic updates to the property and retain the Super 8 by Wyndham franchise affiliation. Ed Continue Reading about Super 8 – 711 Townview Drive Lebanon VA, 24266
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
Former Days Inn Conference Center (Closed) – 1 Seneca St. Oil City PA, 16301
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent the Seller of the 106-unit former Days Inn & Conference Center that closed on December 22, 2020. David B. Mumford, Justin Pinkard, Ed James, and Steve Kirby represented the seller in the transaction. The Virginia based purchaser is a multi-property real estate owner and operator and this transaction was their Continue Reading about Former Days Inn Conference Center (Closed) – 1 Seneca St. Oil City PA, 16301
Radisson Hotel Louisville North – 505 Marriott Dr Clarksville IN, 47129
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent affiliates of the James family in the sale of the Radisson Hotel Louisville North which closed on December 1, 2020. Located just across the Ohio River from downtown Louisville in Clarksville, Indiana, the 353-unit Radisson features extensive meeting space, a restaurant and lounge, indoor and outdoor pools, Continue Reading about Radisson Hotel Louisville North – 505 Marriott Dr Clarksville IN, 47129
Super 8-9375 US 49 Gulfport MS, 39503
Mumford Company, a full-service hotel advisory firm since 1978, announced today it was pleased to represent the Seller of the 95 unit Super 8 by Wyndham of Gulfport, Mississippi that closed on September 18, 2020. Steve Kirby, Managing Principal of the Mumford Company, of the Mumford Company’s Atlanta office, along with Ed James, Managing Principal in the firm’s Newport News Headquarters, and Continue Reading about Super 8-9375 US 49 Gulfport MS, 39503
