Mumford Company was pleased to represent United Central Bank of Texas in the recent sale of the Williamsburg Outlet Mall Inn to AP Investment, LLC, a California-based investment group. This sale represents the 13th transaction for Mumford Company to date for 2011. The purchasers plan to make cosmetic renovations to the hotel and capitalize on its' strategic location near the Williamsburg Pottery Continue Reading about Outlet Mall Inn – 6493 Richmond RoadWilliamsburg VA, 23188
recentsales
America’s Best Inn – 5135 Carmichael RoadMontgomery AL, 36106
The Mumford Company has arranged the sale of the America's Best Inn in Montgomery, Alabama on behalf of the Illinois based Seller to an Ohio based ownership group. The hotel was sold for an undisclosed price. According to Lance Potter, "the hotel represented an excellent value at a price well below replacement cost, in a very accessible location of suburban Montgomery." The 75 room hotel is Continue Reading about America’s Best Inn – 5135 Carmichael RoadMontgomery AL, 36106
Innkeeper – 2139 North Marine BoulevardJacksonville NC, 28546
Mumford Company represented an affiliate of Daly Seven Hotels in the sale of the Innkeeper of Jacksonville, North Carolina. Mumford Company has enjoyed a long term business relationship with Daly Seven Hotels and their affiliates. This transaction represents the 11 sale brokered by Mumford in 2011. The purchaser, Crystal Coast Hospitality, Inc is a regional owner and developer of hotels and plans Continue Reading about Innkeeper – 2139 North Marine BoulevardJacksonville NC, 28546
Super 8 – 2385 Riverside DriveDanville VA, 24540
The Mumford Company was pleased to once again represent Eastern Lodging, Inc., in the recent sale of the Super 8 Motel of Danville, Virginia to Shivani Corp, a regional hotel operator. The sale of this property is part of a strategic disposition program implemented by the sellers. This is the 16th property that Mumford Company has sold on behalf of this ownership group in the past decade. The Continue Reading about Super 8 – 2385 Riverside DriveDanville VA, 24540
Masters Inn – Tucker – 1435 Montreal RoadAtlanta GA, 30084
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 information, please call Continue Reading about Masters Inn – Tucker – 1435 Montreal RoadAtlanta GA, 30084
Super 8 – 1470 East Main StreetReedsburg WI, 53959
The Mumford Company has arranged the sale of the Super 8 in Reedsburg, Wisconsin on behalf of a New York based Seller to Belmont, LLC; a local owner/operator of hotels in Wisconsin. The hotel was sold for an undisclosed price and will remain a Super 8. The Buyer is planning modest upgrades to the hotel and is looking forward to the busy summer season. Lance Potter, Vice President in Mumford's Continue Reading about Super 8 – 1470 East Main StreetReedsburg WI, 53959
Motel 6 East – 3930 I-40 EastAmarillo TX, 79103
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 information, please call Continue Reading about Motel 6 East – 3930 I-40 EastAmarillo TX, 79103
Best Western – 6795 NC 46 HighwayRoanoke Rapids NC, 27870
Mumford Company was pleased to represent Nationwide Properties in the sale of the Best Western of Roanoke Rapids, North Carolina. The property was sold to Desi Brothers Investments, LLC, a regional hotel developer and operator, for an undisclosed price. After, mainly cosmetic, renovations the property will remain in the Best Western family of hotels. With excellent visibility and access from Continue Reading about Best Western – 6795 NC 46 HighwayRoanoke Rapids NC, 27870
