Mumford Company was pleased to represent Five Points Hotels,Inc in the sale of the Best Western Latta SC. The purchaser, MG Hotel Latta,LLC, is a regional owner-operator who plans to maintain the Best western affiliation after mainly cosmetic renovations. Ed James states "This acquisition gives the purchaser an opportunity to capitalize on the strong brand and highly visible location along I95 Continue Reading about Best Western Executive Inn – 1534 Highway 38 West Latta SC, 29565
recentsales
Ramada Limited – 2535 State Road 16 St. Augustine FL, 32092
The Mumford Company is pleased to announce they have orchestrated the sale of the Ramada Inn St. Augustine, FL on behalf of SARP, Inc. a Florida corporation to Diamond Eagles, LLC. The Purchaser plans to do cosmetic renovations to the property. David Mumford, Senior Principal in Mumford Company's Newport News office, along with Steve Kirby and Burton Brooks, both of the firm's Atlanta office Continue Reading about Ramada Limited – 2535 State Road 16 St. Augustine FL, 32092
Masters Inn – 6010 CR 579 Tampa East FL, 33584
Mumford Company successfully closed on the sale of the Masters Inn Tampa East, Florida. This was the 17th Masters Inn that the firm has sold over the past four years on behalf of Supertel Hospitality. The purchaser was a Vero Beach based private investor. They plan to capitalize on the growth occurring on the I-4 corridor, proximity to downtown and Seminole Casino. David Mumford, Steve Kirby and Continue Reading about Masters Inn – 6010 CR 579 Tampa East FL, 33584
Days Inn – 754 US Highway 64 West Murphy NC, 28906
Mumford Company was proud to represent Community & Southern Bank in the sell of the Days Inn of Murphy, NC. The property was sold to a hospitality investor based in Murphy, NC. Mumford Company marketed the property on the open market, ran a competitive bid process with multiple offers received and closed on the transaction in less than 100 days. Ed James, Steve Kirby and Burton Brooks Continue Reading about Days Inn – 754 US Highway 64 West Murphy NC, 28906
Inn at Baymeadows – 8050 Baymeadows Circle West Jacksonville FL, 32256
Mumford Company was pleased to once again represent Park Properties, Inc. in the sale of the Inn at Baymeadows of Jacksonville, Florida to AIUnity Investments, LLC. This is the 2nd sale in the Jacksonville market in the past 6 months that Mumford has brokered on behalf of Park Properties. The principals of AIUnity Investments, LLC are a Jacksonville based operator of multiple extended stay hotels Continue Reading about Inn at Baymeadows – 8050 Baymeadows Circle West Jacksonville FL, 32256
Microtel Inn & Suites – 114 River Pointe Parkway Canton GA, 30114
Mumford Company is pleased to announce it represented Community & Southern Bank in the sale of the Microtel Inn & Suites in Canton, GA recently. The five year old, four story interior corridor property was in good condition and was operated by third party management. This was the second disposition facilitated by Mumford for this seller in the last sixty days. The purchaser, Canton Hotel, LLC, was Continue Reading about Microtel Inn & Suites – 114 River Pointe Parkway Canton GA, 30114
Masters Inn – I-26/Columbia Airport – 2125 Commerce Drive Cayce SC, 29033
Mumford Company was pleased to once again represent Supertel Hospitality in the recent sale of the Masters Inn I-26 of Columbia, South Carolina to Shri Hari Cayce, LLC. This was the 43rd hotel sale transaction in which Mumford has represented Supertel over the past decade and part of a continuing repositioning of the company's portfolio towards better branded mid-market select service assets. The Continue Reading about Masters Inn – I-26/Columbia Airport – 2125 Commerce Drive Cayce SC, 29033
Master’s Inn – 6100 Rivers Avenue North North Charleston SC, 29406
Mumford Company was pleased to once again represent Supertel Hospitality in the recent sale of the Masters Inn of North Charleston, South Carolina to SN Swami Investment, LLC. This was the 42nd hotel sale transaction in which Mumford has represented Supertel over the past decade and part of a continuing repositioning of the company's portfolio towards better branded mid-market select service Continue Reading about Master’s Inn – 6100 Rivers Avenue North North Charleston SC, 29406
