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Mumford Company | Trusted Hotel Advisors Since 1978

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UNDER CONTRACT
Wyndham Garden Inn – 01 Water Country Pkwy, Williamsburg, VA 23185

May 1, 2023 by

WYNDHAM GARDEN INN

Excellent location just off I-64 near Busch Gardens, Water Country USA, Colonial Williamsburg, and College of William & Mary Solidly constructed building Attractively priced asset in relation to current performance results as well as replacement cost Limited renovations costs expected Location/Market Centrally located between Richmond, Virginia’s State Capitol, and Virginia Continue Reading about UNDER CONTRACT
Wyndham Garden Inn – 01 Water Country Pkwy, Williamsburg, VA 23185

UNDER CONTRACT
Days Inn – 616 Fair Road, Statesboro, GA 30458

May 1, 2023 by

DAYS INN8

Excellent location off US Highway 301 across the street from athletic facilities at Georgia State University SBA financing candidate Ideal size and operating model for owner/ operator Opportunity to capture additional market share after renovation Offered at discount to replacement cost Location/Market Bulloch County is the 3rd fastest growing county and the 3rd most populous Continue Reading about UNDER CONTRACT
Days Inn – 616 Fair Road, Statesboro, GA 30458

Quality Inn & Suites – 44266 Fairground Rd, Caldwell, OH, 43724

May 1, 2023 by

Revenues & market share rapidly recovering from Covid-related declines in 2020 Monthly revenue improvement from April 2021 through November 2021 averages $13,875 Trailing 3-month RevPAR index for the property is up 31% Well maintained property Minimal PIP expected & Choice is also offering a reduced affiliation fee of $7,500 for re-licensing Ability to drive revenues with Continue Reading about Quality Inn & Suites – 44266 Fairground Rd, Caldwell, OH, 43724

Sleep Inn & Suites – 78 Liberty Hill Pl, Evergreen, AL, 36401

March 9, 2023 by

SLEEP INN & SUITES3

Deal Features Located at intersection of Interstate 65 and US Route 84 Well respected mid-market franchise Compact size allows ease of operation Upside potential for hands on operator Consistent performance year over year Well-located to demand generators and transient amenities Location/Market I-65 intersects with US Routes 31 and 84 in Conecuh County Within walking distance of Continue Reading about Sleep Inn & Suites – 78 Liberty Hill Pl, Evergreen, AL, 36401

UNDER CONTRACT
Holiday Inn Express & Suites – 1275 Highway 35 South, Forest, MS, 39074

March 9, 2023 by

3-Story, interior corridor, limited service property in Central Mississippi Market leading franchise with Holiday Inn Express Solid history of revenue and occupancy growth Close to area demand generators and F&B options Great access and visibility from I-20 Easy access to Jackson and Meridian MS MSAs Location/Market Convenient to numerous transient services. Close to Continue Reading about UNDER CONTRACT
Holiday Inn Express & Suites – 1275 Highway 35 South, Forest, MS, 39074

Key West Inn – 11635 US-61, Tunica, MS, 38664

March 9, 2023 by

Excellent location and visibility on Highway 61 Easy 30 minute drive to Metro Memphis, TN Equidistant to all six major casinos in area Ideal size and operating model for owner/ operator One-bedroom manager’s apartment on site Priced well below replacement cost Location/Market Well-located on US Highway 61 Close to Regional Demand Generators Casinos of Tunica Resort Continue Reading about Key West Inn – 11635 US-61, Tunica, MS, 38664

Suburban Studios – 1914 West Lucas St, Florence, SC, 29501

March 9, 2023 by

Excellent location on Interstate 95 Superior access and visibility from highway SBA financing candidate Ideal size and operating model for owner/ operator Offered at discount to replacement cost On-site restaurant space leased at $3,000/month, through 2/1/2025 Approximately 2,000 square feet of additional space available for lease Location/Market Minutes from Pee Dee Continue Reading about Suburban Studios – 1914 West Lucas St, Florence, SC, 29501

UNDER CONTRACT
Natural Bridge Historic Hotel & Conference Center – 15 Appledore Ln, Natural Bridge, VA, 24578

March 9, 2023 by

Property includes additional cabins and cottages Multiple revenue generators on site Proximate to Washington and Lee University and Virginia Military Institute Potential redevelopment of business model could yield increased profitability Property lies within 302-acre Natural Bridge Historic District, and historic tax credits may be available for renovation costs The 152-room hotel Continue Reading about UNDER CONTRACT
Natural Bridge Historic Hotel & Conference Center – 15 Appledore Ln, Natural Bridge, VA, 24578

TEN-X AUCTION!
AmericInn by Wyndham Appleton Airport – 132 N Mall City Dr, Appleton, WI, 54913

March 9, 2023 by

**TEN-X ONLINE AUCTION - Oct 30 - Nov 1, 2023. Click HERE for details.**   Deal Features Total hotel revenue is up 30% Year-Over-Year, crossing the $1.3 million mark for 2022 Excellent location off US Highway 41 Ideal size and operating model for owner/operator Offered at discount to replacement cost Over $1.2 million in renovations completed since 2019 AmericInn is a Continue Reading about TEN-X AUCTION!
AmericInn by Wyndham Appleton Airport – 132 N Mall City Dr, Appleton, WI, 54913

Days Inn & Suites – 350 Days Dr. Sutton, WV 26601

March 9, 2023 by

Impressive year over year growth in revenues and profitability Multiple revenue generators on site Limited competition within immediate market area Well-built property in very good overall condition Excellent location and visibility along Interstate 79 Priced significantly below replacement cost Location/Market Strategically located in the center of the transportation Continue Reading about Days Inn & Suites – 350 Days Dr. Sutton, WV 26601

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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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