Mumford Company was pleased to once again represent Supertel Hospitality in the disposition of the Masters Inn of Augusta, Georgia to an affiliate of Augusta based Diversified Properties. This was an opportunity for a local hospitality developer and operator to acquire a desirable location on the Washington Road Interchange. The purchaser plans to renovate the hotel to carry a national economy Continue Reading about Masters Inn – 3027 Washington RoadAugusta GA, 30907
recentsales
Econo Lodge South – 2125 Willis RoadRichmond VA, 23237
The Mumford Company, once again, successfully represented affiliates of Allen Management in structuring the sale of the Econo Lodge of Richmond, Virginia to Willis Hotel, LLC. This was the fourth sales transaction in the past two years in which Mumford Company has represented Allen Management. From the date of listing to the date of closing, this transaction took 79 days. The purchaser is a very Continue Reading about Econo Lodge South – 2125 Willis RoadRichmond VA, 23237
Motel 6 West – 402 Lovell RoadKnoxville TN, 0
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 West – 402 Lovell RoadKnoxville TN, 0
Fairfield Inn – 125 Hylton LaneBeckley WV, 25801
The Mumford Company was pleased to once again represent affiliates of H&W Hotels in the sale of the Fairfield Inn of Beckley, West Virginia to Greatway Hospitality, LLC. The sellers' purchased the property in 2005 via Mumford Company and have made significant improvements to the property as well as the business over the years. This was the eighth transaction that Mumford Company has completed with Continue Reading about Fairfield Inn – 125 Hylton LaneBeckley WV, 25801
Motel 6 – 420 Metroplex DriveNashville-Airport TN, 37211
Mumford Company represented Ohio Six Limited Partnership in the disposition of the Motel 6 at the Nashville airport to PAR Investments of Nashville TN. Par Investments has other hotel investments in the market. The hotel will no longer operate as a Motel 6. Randy Lee (Dallas), Burton Brooks, David Holcombe (Atlanta) and David Mumford (Newport News) structured the deal. A proven leader in the Continue Reading about Motel 6 – 420 Metroplex DriveNashville-Airport TN, 37211
Sleep Inn – 101 Sleep Inn Dr.Roanoke Rapids NC, 27870
Mumford Company was pleased to once again represent PVC, Inc. in the sale of the Sleep Inn of Roanoke Rapids, North Carolina to a local investment group. This is the fifth hotel sale in which Mumford Company has represented affiliates of PVC. The purchasing group, which has interests in other properties in the local market, plans to make renovations to the hotel and retain the Sleep Inn franchise Continue Reading about Sleep Inn – 101 Sleep Inn Dr.Roanoke Rapids NC, 27870
Extended Stay Hotel – 600 Interchange DriveAtlanta GA, 30336
Mumford Company was pleased to represent Wells Fargo Bank NA in the sale of the former InHome Suites of Atlanta GA to Parthi Sai, LLC. The 105 unit all-suite property is located on I-20 at Fulton Industrial Blvd and was closed at the time of the sale. The purchaser is a regional hotel operator and developer, who intends’ to reopen the property after extensive renovations. The property is in Continue Reading about Extended Stay Hotel – 600 Interchange DriveAtlanta GA, 30336
Former Baymont Inn & Suites – 3439 South Memorial DriveGreenville NC, 27834
Mumford Company was pleased to represent Atlas 1 SPC, LLC in the sale of the former Baymont Inn of Greenville, North Carolina to Preena, LLC. The purchaser, a family owned regional hotel operator, plans to affiliate the property with a national mid-market franchise after extensive cosmetic renovations. The 121 room, two story exterior corridor hotel, closed at the time of sale, is strategically Continue Reading about Former Baymont Inn & Suites – 3439 South Memorial DriveGreenville NC, 27834
