Mumford Company is pleased to announce the closing of the former Econo Lodge of Myrtle Beach, SC. The three story, interior corridor property was well located in the Wacamaw area and convenint to all area demand generators. The seller was a local developer of commercal real estate and the purchasers were a Southeastern based owner and operator. A proven leader in the field of hotel real estate Continue Reading about Econo Lodge – 401 Hospitality Lane Myrtle Beach SC, 29579
recentsales
Tallapoosa Inn – 788 Georgia Highway 100 South Tallapoosa GA, 30176
Mumford Company was pleased to represent Community & Southern Bank in the sale of the fromer Comfort Inn of Tallapoosa, Georgia recently. The all cash transaction was completed in just thirteen days from contract execution. A very competitive bidding process yielded a solid price for the seller and long term opportunities for the buyer.The purchaser, a Georgia based group with miltiple hotel asset Continue Reading about Tallapoosa Inn – 788 Georgia Highway 100 South Tallapoosa GA, 30176
Days Inn – 6320 Windmere RoadBrooksville FL, 34602
Mumford Company was once again pleased to represent EverBank in the recent sale of the Days Inn of Brooksville, Florida to Roshan Hospitality #2, LLC. The purchasers are a central Florida group with interests in retail and hospitality. They plan to make cosmetic renovations to the hotel and retain the Days Inn franchise for the property. A proven leader in the field of hotel real estate Continue Reading about Days Inn – 6320 Windmere RoadBrooksville FL, 34602
Masters Inn – 3600 McFarland BoulevardTuscaloosa AL, 35405
Mumford Company was pleased to once again represent Supertel Hospitality in the sale of the Masters Inn of Tuscaloosa, Alabama to Snehami, LLC. This was the 40th 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. This is the first acquisition Continue Reading about Masters Inn – 3600 McFarland BoulevardTuscaloosa AL, 35405
Super 8 – 1600 Tyler AvenueRadford VA, 24141
Mumford Company is pleased to once again have represented affiliates of Eastern Lodging, Inc. in the sale of the Super 8 of Radford, Virginia to Desai, LLC. This is the 26th transaction that Mumford has completed on behalf of the sellers as part of a multi-year disposition program. The purchaser is a local owner/operator who plans to make cosmetic renovations to the property and retain the Super 8 Continue Reading about Super 8 – 1600 Tyler AvenueRadford VA, 24141
Super 8 – 550 Tucker DriveMaysville KY, 41056
Mumford Company was pleased to represent Trismo II Motel Development Co. in the recent sale of the Super 8 of Maysville, Kentucky to Sai Maysville, LLC. The buyers are a local owner/operator group that plans to make cosmetic renovations to the property and retain the Super 8 franchise. Conventional financing was provided for the acquisition from a local community bank. A proven leader in the Continue Reading about Super 8 – 550 Tucker DriveMaysville KY, 41056
Super 8 – 306 Merchants WalkSummersville WV, 26651
The Mumford Company was once again pleased to represent Eastern Lodging, Inc. in the sale of the Super 8 Motel of Summersville, West Virginia to Ganesh, LLC. This is the 25th sale in which Mumford Company has represented affiliates of Eastern Lodging in recent years and is part of an ongoing disposition program. The buyer is a regional owner/operator with a strong presence in the local market Continue Reading about Super 8 – 306 Merchants WalkSummersville WV, 26651
Days Inn – 5116 GA Highway 85Atlanta-Forest Park GA, 30297
Mumford Company was proud to represent CXA Corporation in the sale of the Days Inn of Forest Park GA to Empire Investments,LLC. The 198 unit limited service property will be renovated by the purchaser and repositioned possibly into a senior housing facility. Ed James of Mumford Company's Newport News headquarters and Steve Kirby of the Firm's Atlanta office represented the Seller in the Continue Reading about Days Inn – 5116 GA Highway 85Atlanta-Forest Park GA, 30297
