The Mumford Company was pleased to once again represent affiliates of Allen Management in the recent sale of the Econo Lodge Airport of Richmond, Virginia to Sita Properties, LLC. This is the 11th transaction that Mumford has facilitated on behalf of the sellers in the past 2 years and is the 3rd property that the purchasers have acquired through Mumford. The purchasers plan to make cosmetic Continue Reading about Econo Lodge – 5408 Williamsburg RoadRichmond VA, 23150
recentsales
Econo Lodge Inn & Suites – 2716 North McArthur DriveAlexandria LA, 71303
The Mumford Company represented Triad Hospitality, LLC in the recent sale of the Econo Lodge Inn & Suites of Alexandria, LA to Neptune Lodging Partners, LLC. The acquisition went from contract to closing in less than 30 days. The purchasers are local operators with other hotels in the market. They plan to complete cosmetic renovations and retain the Econo Lodge franchise. Located at the area's Continue Reading about Econo Lodge Inn & Suites – 2716 North McArthur DriveAlexandria LA, 71303
Motel 6 – Maple Shade NJ, 08052
The Mumford Company is pleased to have represented Motel 6 and Accor Hospitality North America in the sale of the Motel 6 Mt. Laurel/Philadelphia. The Buyer will operate the hotel as Motel 6 Franchise after completing an extensive modernization. Randy Lee and Justin Pinkard managed the transaction. Continue Reading about Motel 6 – Maple Shade NJ, 08052
Super 8 – 1075 South Shiloh DriveFayetteville AR, 72701
Mumford Company brokers 40th hotel on behalf of Supertel Hospitality with sale of Super 8 of Fayetteville, Arkansas The Mumford Company once again represented Supertel Hospitality in the sale of the Super 8 Motel of Fayetteville, Arkansas to Manav Investors of NW Arkansas. Manav Investors, a local hotel owner/operator group, will retain the Super 8 franchise after cosmetic renovations to the Continue Reading about Super 8 – 1075 South Shiloh DriveFayetteville AR, 72701
Rodeway Inn-Woodbridge VA, 0
The Mumford Company was pleased to once again represent affiliates of Allen Management in the recent sale of the Rodeway Inn of Woodbridge, Virginia to Niramay VA, LLC. This is the 10th transaction that Mumford has facilitated on behalf of the sellers in the past 2 years and is the 3nd property that the purchasers have acquired through Mumford in the same period. The property was purchased Continue Reading about Rodeway Inn-Woodbridge VA, 0
Quality Inn – 1109 Horner RoadWoodbridge VA, 22191
The Mumford Company was pleased to once again represent affiliates of Allen Management in the recent sale of the Quality Inn of Woodbridge, Virginia to Atmiya Woodbridge, LLC. This is the 9th transaction that Mumford has facilitated on behalf of the sellers in the past 2 years and is the 2nd property that the purchasers have acquired through Mumford in the same period. The property was purchased Continue Reading about Quality Inn – 1109 Horner RoadWoodbridge VA, 22191
Baymont Inn & Suites – 2350 Elm Hill PikeNashville TN, 37214
Mumford Company is pleased to announce the completion of its 38th transaction of 2011, the Baymont Inn & Suites of Nashville, Tennessee. The seller was a major institutional owner of mid-market hotels and the purchaser was a regional, multi-property owner, and operator. The property was subject to a long-term land lease. The purchaser plans to complete cosmetic renovations and retain the Baymont Continue Reading about Baymont Inn & Suites – 2350 Elm Hill PikeNashville TN, 37214
Masters Inn – 3092 Presidential ParkwayAtlanta/Doraville GA, 30340
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 – 3092 Presidential ParkwayAtlanta/Doraville GA, 30340
Econo Lodge – 3637 Bonney RoadVirginia Beach VA, 23452
The Mumford Company was pleased to once again represent affiliates of Allen Management in the sale of the Econo Lodge in Virginia Beach, Virginia to Shiv Shreya, LLC for an undisclosed price. This is the 8th hotel transaction that Mumford has facilitated on behalf of Allen Management affiliates in the past 2 years. The purchasers own other hospitality properties in the North Carolina market, but Continue Reading about Econo Lodge – 3637 Bonney RoadVirginia Beach VA, 23452
Motel 6 – 2115 Veterans BoulevardDel Rio TX, 78840
The Mumford Company is pleased to have represented Motel 6 and Accor Hospitality North American in the sale of the Motel 6 in Del Rio Texas. The Purchasers; Del Rio Hotel Group, a subsidary of Positive Investment Group will Operate the hotel as a Motel 6 Franchise while completing a modernization of the hotel to Motel 6's standards. Randy Lee - Mumford Dallas; arranged the sale. A proven leader Continue Reading about Motel 6 – 2115 Veterans BoulevardDel Rio TX, 78840
Super 8 – 9150 Baltimore AvenueCollege Park MD, 20740
The Mumford Company once again represented Eastern Lodging, Inc. in the recent sale of the leasehold interest in the Super 8 Motel of College Park, Maryland to JK Lodging, LLC. This is the 20th transaction that Mumford Company has structured on behalf of Eastern Lodging and its’ affiliates as a part of their long-term disposition strategy. Year to date, including this sale, Mumford Company has Continue Reading about Super 8 – 9150 Baltimore AvenueCollege Park MD, 20740
Comfort Suites – 51 Hal Rogers DrPrestonsburg KY, 41653
The Mumford Company was pleased to represent Prestonsburg Hotel Company, LLC in the recent sale of the Comfort Suites of Prestonsburg, Kentucky to Premier Hospitality, LLC. This was the second transaction that Mumford Company has structured between affiliates of these two parties in the past year and the 10th property sale that Mumford has handled on behalf of this selling group. According to Continue Reading about Comfort Suites – 51 Hal Rogers DrPrestonsburg KY, 41653
Travelodge – 1403 North Saint Augustine RoadValdosta GA, 31602
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 Travelodge – 1403 North Saint Augustine RoadValdosta GA, 31602
Holiday Inn Express – 102 Plantation DriveCampbellsville KY, 24718
The Mumford Company was pleased to represent Ahlan Wasahlan Hospitality in the sale of the Holiday Inn Express of Campbellsville, Kentucky to R&R Hospitality, LLC. Financing consisted of an assumed SBA loan along with an additional private loan. Recently renovated to include the Holiday Inn Express Re-Launch program, the new owners plan to make additional renovations and retain the Holiday Inn Continue Reading about Holiday Inn Express – 102 Plantation DriveCampbellsville KY, 24718
Econo Lodge – 3400 Cumberland RoadBluefield WV, 24701
The Mumford Company was pleased to once again represent affiliates of Allen Management in the sale of the Econo Lodge of Bluefield, West Virginia to Bina, LLC. This is the 7th transaction that Mumford Company has completed for this seller in the past 2 years and is part of an on-going, multi-unit disposition program. The purchasers, Bina, LLC are new to the lodging industry. They plan to make Continue Reading about Econo Lodge – 3400 Cumberland RoadBluefield WV, 24701
Comfort Inn – 334 Caroline StreetOrange VA, 22960
The Mumford Company represented Virginia Community Bank in the recent sale of the future Comfort Inn & Suites of Orange, Virginia to Collico, LLC. The hotel was constructed in 2010, but not fully completed prior to takeover by the bank. The purchasers are in the process of finalizing the construction and furnishing of the facility and have plans to open the property this fall. The 58-room Continue Reading about Comfort Inn – 334 Caroline StreetOrange VA, 22960
