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Mumford Company | Trusted Hotel Advisors Since 1978

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Best Western 1522 Andrew Road Murphy, North Carolina 28906

September 28, 2023 by

DEAL FEATURES Excellent location on Andrew Jackson Highway One of few franchised hotels in Murphy market SBA financing candidate Ideal size and operating model for owner/operator Offered at discount to replacement cost Oversized lot for truck or RV parking Nearby casino undergoing $275 million expansion BUILDING OVERVIEW 2 Stories, Exterior Corridor Block View Listing about Best Western 1522 Andrew Road Murphy, North Carolina 28906

Best Western Historic Area Inn – 201 Bypass Rd, Williamsburg, VA, 23185

September 19, 2023 by

Strong performance in both revenues and profitability Central location in a leading East Coast destination resort market Property is in excellent condition, qualifies for Auto Transfer with Best Western and requires modest renovations upon change of ownership Current franchise could be cancelled with 60 days written notice Asset is offered at a significant discount to replacement View Listing about Best Western Historic Area Inn – 201 Bypass Rd, Williamsburg, VA, 23185

PRICE REDUCED! La Quinta Inn and Suites – 7001 MS-63, Pascagoula MS, 39563

September 5, 2023 by

Approximately a half-hour drive from Biloxi, MS or Mobile, AL Less than 2 hours from New Orleans Excellent Interstate 10 location SBA financing candidate Ideal size and operating model for owner/operator Offered at discount to replacement cost Owner’s apartment Location/Market La Quinta Inn & Suites has a highly visible location at the intersection of Interstate 10 View Listing about PRICE REDUCED! La Quinta Inn and Suites – 7001 MS-63, Pascagoula MS, 39563

Holiday Inn Christiansburg/Blacksburg, VA

August 30, 2023 by

DEAL FEATURES Excellent location minutes from VA Tech and Interstate 81 Easy access to university and local demand generators Positive trend in occupancy and revenue post-Covid High barrier to entry in local university market Priced to sell considerably below replacement cost BUILDING OVERVIEW 5 Stories, Interior Corridor Wood & Steel Construction Dryvit Façade View Listing about Holiday Inn Christiansburg/Blacksburg, VA

Clarion Pointe Greensboro Airport – 7800 National Service Road Greensboro, North Carolina 27409

August 28, 2023 by

DEAL FEATURES Excellent Interstate location SBA financing candidate Ideal size and operating model for owner/operator Hotel renovated and converted to Clarion Pointe in late 2020 Offered at discount to replacement cost Limited renovations costs expected BUILDING OVERVIEW 4 Stories, Interior Corridor Block Construction Brick and EIFS Façade Built-Up Roof with View Listing about Clarion Pointe Greensboro Airport – 7800 National Service Road Greensboro, North Carolina 27409

CALL FOR OFFERS
Hampton Inn by Hilton – 300 Sunchase Boulevard Farmville, Virginia 23901

August 24, 2023 by

Call For Offers Deadline October 2nd, 2023 COB. Contact Mumford Company Today! DEAL FEATURES Four-story, interior-corridor, limited-service property in central Virginia college town Market-leading franchise with Hampton Inn by Hilton Easy access to Longwood University, Hampden-Sydney College, US Army Fort Barfoot, and US Highway 460 Solid history of revenue, occupancy, and RevPAR View Listing about CALL FOR OFFERS
Hampton Inn by Hilton – 300 Sunchase Boulevard Farmville, Virginia 23901

CALL FOR OFFERS
Holiday Inn Express & Suites – 404 Sunchase Boulevard Farmville, Virginia 23901

August 24, 2023 by

Call For Offers Deadline October 2nd, 2023 COB. Contact Mumford Company Today! DEAL FEATURES Four-story, interior-corridor, limited-service property in central Virginia college town Market-leading franchise with Holiday Inn Express& Suites by IHG Easy access to Longwood University, Hampden-Sydney College, US Army Fort Barfoot, and US Highway 460 Solid history of revenue, View Listing about CALL FOR OFFERS
Holiday Inn Express & Suites – 404 Sunchase Boulevard Farmville, Virginia 23901

Sleep Inn / MainStay Suites – 901 1st Avenue East, Meridian, MS

August 18, 2023 by

DEAL FEATURES Excellent Interstate 20/59 location Ideal size and operating model for owner/ operator Offered at discount to replacement cost Limited renovations costs expected BUILDING OVERVIEW 3 Stories, Interior Corridor Wood Frame Construction Stone and Stucco Façade NEW Shingle Roof Asphalt Parking Lot PROPERTY HIGHLIGHTS 69 Guest Rooms 38 View Listing about Sleep Inn / MainStay Suites – 901 1st Avenue East, Meridian, MS

REDEVELOPMENT OPPORTUNITY: Former OYO Hotel – Lake Charles, LA

August 18, 2023 by

DEAL FEATURES Ideal hotel redevelopment opportunity Property ideal size to convert to limited-service, extended-stay, or multi-family Building has been stripped down to the studs Potential Key Money available from brands, in-cluding Americas Best Value Inn, Baymont Inn, Days Inn or Travelodge BUILDING OVERVIEW 4 Buildings (±33,536 Square Feet) 2 Stories, Exterior View Listing about REDEVELOPMENT OPPORTUNITY: Former OYO Hotel – Lake Charles, LA

Days Inn – 5196 US Route 60 Huntington, WV

August 11, 2023 by

DEAL FEATURES Strong location at intersection of Interstate 64 and US Route 60 (Midland Trail) Minutes from Marshall University SBA financing candidate Ideal size and operating model for owner/operator Offered at discount to replacement cost Ability to re-position property through change of franchise and renovations BUILDING OVERVIEW 3 Buildings 2 Stories, Exterior View Listing about Days Inn – 5196 US Route 60 Huntington, WV

Quality Inn & Suites – 2118 E 5th St, Metropolis, IL 62960

July 17, 2023 by

DEAL FEATURES Ranks #2 on Trip Advisor Among Hotels in the Paducah KY-IL Micropolitan 2020 Choice Gold Award Winner—“Top 100 Hotel in USA Paducah KY-IL Micropolitan serves 98,000 people Offered at discount to replacement cost Minimal PIP expected BUILDING OVERVIEW 2 Stories, Interior Corridor Block Construction Stucco & Wood Siding Façade Pitched, Asphalt View Listing about Quality Inn & Suites – 2118 E 5th St, Metropolis, IL 62960

TownePlace Suites – Southaven, Mississippi

July 14, 2023 by

DEAL FEATURES Excellent location off Interstate in a high growth suburb Relatively new, premium-branded, all suites asset Offered at discount to replacement cost Revenues & market share rapidly recovering from Covid-related declines in 2020 BUILDING OVERVIEW 4 Stories, Interior Corridor Concrete Construction EFIS Façade Flat, Built-Up Roof Asphalt Parking Lot View Listing about TownePlace Suites – Southaven, Mississippi

Quality Inn – 102 Drake St I-57, Charleston, MO 63834

July 14, 2023 by

DEAL FEATURES Excellent Interstate 57 location at highly traveled exit I-57 Expansion to Little Rock expected to be completed in next 3 years, promising dramatic increase in traffic volume Recognized national brand SBA financing candidate Ideal size and operating model for owner/ operator Offered at discount to replacement cost Strong upside potential through full renovation View Listing about Quality Inn – 102 Drake St I-57, Charleston, MO 63834

Super 8 – 310 South Story Street Charleston, Missouri, 63834

July 13, 2023 by

DEAL FEATURES Highly traveled Interstate 57 exit Current expansion of I-57 expected to dramati-cally increase traffic volume within next 3 years SBA financing candidate Appealing interior/exterior corridor design Offered at discount to replacement cost Upside potential after full renovation BUILDING OVERVIEW 1 Story Interior & Exterior Corridors Wood Frame View Listing about Super 8 – 310 South Story Street Charleston, Missouri, 63834

Best Western Lake Cumberland Inn – 2030 East Highway 90 Monticello, Kentucky, 42633

May 24, 2023 by

Leading hotel in the market Excellent location in south-central Kentucky near Lake Cumberland SBA financing candidate Ideal size and operating model for owner/ operator Offered at discount to replacement cost Location/Market Close to Regional Demand Generators: Lake Cumberland Manufacturers such as American Woodmark, Trifecta Ventures, and Cobb-Vantress, Inc. (Tyson View Listing about Best Western Lake Cumberland Inn – 2030 East Highway 90 Monticello, Kentucky, 42633

UNDER CONTRACT
Best Western Chincoteague Island – 7105 Maddox Blvd, Chincoteague Island VA, 23336

May 1, 2023 by

Excellent location on Chincoteague’s primary commercial corridor Closest hotel to the Assateague Beach, just outside Chincoteague National Wildlife Refuge and Assateague Island National Seashore Multi-Year Winner of the M. K. Guertin Award, Best Western’s highest award Ideal size and operating model for owner/ operator Built, owned, and operated as a one-family business since View Listing about UNDER CONTRACT
Best Western Chincoteague Island – 7105 Maddox Blvd, Chincoteague Island VA, 23336

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CUSTOMER TESTIMONIALS

Highly Impressed By His Knowledge And Integrity

I have worked with David Mumford and Mumford Company on several transactions over the last 13 years, and I’ve been highly impressed by his immense knowledge of the hospitality industry, specific brands and his integrity. I thank David and his group for their vast knowledge in this industry and look forward to working with them again!

Jay Patel

A Pleasure Working With You

"Dear Mr. Kirby ... Armen and I would like to thank you, Burton Brooks and your company for helping to sell our property. We would like to especially thank Mr. Brooks for his hard work and due diligence. We can honestly say that it was a pleasure working with both of you. ... Both you and Mr. Brooks made this an extremely positive experience. We will always highly recommend The Mumford Company and hope to continue to do future business with you. God Bless, Always."

Armen and Priti Grigorian

Beyond Normal Broker Expectations

Ed, You went beyond normal 'Broker" expectations and responsibilities with all your Best Western communications and planning for the transfer of the membership as well as working with the purchaser though the whole process. I have never seen a Broker do so many well done tasks to get a hotel sold. You are the man,

Harvey Moore

I truly appreciate it

"Thanks very much for your cooperation in this transaction. It was a pleasure working with you all. I truly appreciate it. It was also pleasure working with seller for their their understanding and full cooperation."

Pravin K. Patel

A “win / win” for every deal

I have worked with David and Mumford & Co - Hotel Brokers since 1991. I have used them numerous times as both a seller and a purchaser. David’s deep knowledge of the market and timeliness in working the "deal" is without question the best I have experienced in the hotel real estate brokerage. In these challenging times, I value David’s integrity and creative ideas in getting to a "win / win" for every deal we work on. My highest recommendation!

Michael L. Allen

New Albany Hampton Inn

"Dear Robert ... You recommended the Mumford Company two years ago, and I could not have been more pleased. As you know, the sale of the New Albany Hampton Inn was challenging. Steve Kirby and the rest of his team were very professional, gave me consistently good advice, was clearly on our side through the whole ordeal, I always felt very well represented by them and were a joy to work with from beginning to end."

Kevin S. McKenney

Our Team

Andrew Lowe
Sales Associate
Andrew Lowe
Carter Willcox
Vice President
Carter Willcox
David Mumford
Senior Principal
David Mumford
Ed James
Managing Principal
Ed James
George Arvanitis
Managing Director - Midwest
George Arvanitis
GR Patel
Senior Associate
GR Patel
John James
Senior Associate
John James
Justin Pinkard
Principal
Justin Pinkard
Lillian Walker
Sales Analyst
Lillian Walker
Ryan Patterson
Vice President
Ryan Patterson
Steve Kirby
Managing Principal
Steve Kirby
Tripp Lowe
Sales Associate
Tripp Lowe
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