Once again, Mumford Company was pleased to work with the principals of both the buying and selling entities in the recent sale of the Days Inn of New Market, Virginia. This is the 5th Mumford Company transaction involving the principal of the selling entity, BSPM Hospitality of VA, LLC and the 3rd transaction involving the principals of the purchaser Shree Vishnuji, LLC. The purchasers plan to Continue Reading about Days Inn – 9360 George Collins ParkwayNew Market VA, 22844
recentsales
Econo Lodge – 1160 E. Main St.Wytheville VA, 24382
Mumford Company was once again pleased to represent affiliates of Allen Management in the sale of the Econo Lodge located in Wytheville, Virginia to Tri-Strength, LLC of Roanoke, Virginia. This is the 2nd sale that Mumford Company has completed on behalf of affiliates of Allen Management in 2009 and the 3rd property that the principals of the purchasing entity have acquired through Mumford in Continue Reading about Econo Lodge – 1160 E. Main St.Wytheville VA, 24382
Confidential Listing – Marietta
Mumford Company was pleased to, once again, represent affiliates of CW Capital in the sale of the Comfort Inn of Marietta, Ohio. The purchaser, Shiv Hotels, Inc., is a multiunit operator based in northern Kentucky. Shiv plans to make renovations to the hotel and operate it as part of the Comfort Inn brand for 5 years before converting to the Quality Inn brand. David Mumford and Matt Winston from Continue Reading about Confidential Listing – Marietta
Motel 6 – 8230 NW Prairie View RoadKansas City MO, 64151
Lance Potter and Randy Lee are pleased to have represented Motel 6 in the Sale of the Motel 6 Kansas City Airport. The hotel was purchased by Tiffany Springs LLC a regional hotel owner and operator and will under go a significant modernization and continue to operate as a Motel 6 franchise. A proven leader in the field of hotel real estate brokerage, Mumford Company’s commitment to Continue Reading about Motel 6 – 8230 NW Prairie View RoadKansas City MO, 64151
America’s Best Inn – 977 West South BoulevardMontgomery AL, 36105
Mumford Company was proud to assist the seller Manju, Inc. in the successful disposition of the America's Best Inn of Montgomery, AL. 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 Continue Reading about America’s Best Inn – 977 West South BoulevardMontgomery AL, 36105
Super 8 Motel – 1411 South Grand AvenueCharles City IA, 50616
Mumford Company once again represented Supertel Hospitality in the recent sale of the Super 8 Motel of Charles City, Iowa. The property was purchased by HR Corporation of Iowa. Advising the seller were David Mumford and Ed James of the Mumford Company’s Newport News, Virginia office and Lance Potter of the firm’s Chicago, Illinois office. This is the 28th hotel sold by Mumford Company on behalf of Continue Reading about Super 8 Motel – 1411 South Grand AvenueCharles City IA, 50616
Comfort Inn – Winchester VA, 0
Mumford Company was once again pleased to represent an affiliate of Beck Company in the sale of the Comfort Inn-North of Winchester, Virginia to RDM Hospitality, LLC. This transaction involved numerous complexities including an arduous assumption process of existing Collateralized Mortgage Backed Securities (CMBS) financing and a significant PIP from the franchisor. Advising the seller was David Continue Reading about Comfort Inn – Winchester VA, 0
Comfort Inn – 7700 Two Notch RoadColumbia SC, 29223
The Mumford Company is pleased to announce the sale of the Comfort Inn of Columbia/Ft Jackson for Shree Sambhav, LLC to South Carolina Sunshine Hotel Group, LLC. “The three story, 96 room, interior corridor property enjoys a diversified demand base and should be a solid long term investment” according to Matt Winston of Mumford Company’s Newport News office. The purchasers intend to complete Continue Reading about Comfort Inn – 7700 Two Notch RoadColumbia SC, 29223
