Mumford Company was pleased to once again represent affiliates of Virginia Inn Management (VIM) in the sale of the Hampton Inn of Bridgeport, West Virginia to Royal Hotels, LLC. This is the 10th transaction that Mumford Company has completed on behalf of VIM as part of a continuing strategy to refocus their hotel portfolio on larger markets. The principals of Royal Hotels own several Continue Reading about Hampton Inn – 1515 Johnson Avenue Bridgeport WV, 26330
recentsales
Holiday Inn Express-112 Ridge Way Jackson-Flowood MS, 39232
Mumford Company is pleased to announce another completed transaction, the Holiday Inn Express of Jackson/Flowood Mississippi. Steve Kirby and Ed James, Mumford Company’s Managing Principals represented the seller, Stone Creek Hospitality, LLC, in the disposition of their final lodging asset. The purchaser, Aurora Management, Inc., a newly formed entity whose principals are well vested in the Continue Reading about Holiday Inn Express-112 Ridge Way Jackson-Flowood MS, 39232
Best Western Plus Regency Park Hotel – 13600 Hartman Lane Walker LA, 70875
Mumford Company, full-service hotel advisory firm since 1978, was pleased to represent First Troy SPE LLC in the sale of the former Best Western Plus of Walker, LA to Jay Ambe 2021, LLC. The purchaser is a regional hotel owner and operator and plans to reopen the hotel as a Best Western Plus after mainly cosmetic renovations. Mumford Company managing principals Ed James and Steve Kirby represented Continue Reading about Best Western Plus Regency Park Hotel – 13600 Hartman Lane Walker LA, 70875
Americas Best Value Inn – 128 Cheekwood Ln Ullin IL, 62992
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent Surbhi Properties, LLC in the sale of the Americas Best Value Inn of Ullin, Illinois. The purchaser, IAH Hotels, LLC. is from North Carolina and was searching in multiple states for an interior corridor hotel within his budget. The hotel will retain its Americas Best Value Inn franchise, allowing the Buyer as Continue Reading about Americas Best Value Inn – 128 Cheekwood Ln Ullin IL, 62992
Former Quality Inn – 2020 Apalachee Parkway Tallahassee FL, 32301
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent First Troy SPE, LLC in the sale of the former Quality Inn of Tallahassee Florida. The purchaser, Sunrise Tallahassee Inc. is a regional multi-property owner and operator who has plans to fully renovate and reopen the currently closed property with a mid-market national franchise. Ed James and Steve Kirby, Continue Reading about Former Quality Inn – 2020 Apalachee Parkway Tallahassee FL, 32301
Super 8 – 711 Townview Drive Lebanon VA, 24266
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the sale of the Super 8 by Wyndham in Lebanon, Virginia. The seller was S&P Lebanon, LLC and the purchaser is a regional hotel investor purchasing his first nationally franchised property. The purchaser plans to make cosmetic updates to the property and retain the Super 8 by Wyndham franchise affiliation. Ed Continue Reading about Super 8 – 711 Townview Drive Lebanon VA, 24266
Super 7 Inn – 3002 South Cedar Street Pecos TX, 79772
Ryan Patterson, Vice President in Mumford Company’s Dallas, TX office, represented the seller in closing the transaction on the Super 7 in Pecos, Texas. The 96-unit, economy property sits at the intersection of Interstate 20 and US 285. Mumford Company presented the seller, a lender that foreclosed on this former Motel 6 in April 2020, with over 11 offers and 3 went to “Best & Final.” The winning Continue Reading about Super 7 Inn – 3002 South Cedar Street Pecos TX, 79772
Former Days Inn Conference Center (Closed) – 1 Seneca St. Oil City PA, 16301
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent the Seller of the 106-unit former Days Inn & Conference Center that closed on December 22, 2020. David B. Mumford, Justin Pinkard, Ed James, and Steve Kirby represented the seller in the transaction. The Virginia based purchaser is a multi-property real estate owner and operator and this transaction was their Continue Reading about Former Days Inn Conference Center (Closed) – 1 Seneca St. Oil City PA, 16301
Radisson Hotel Louisville North – 505 Marriott Dr Clarksville IN, 47129
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent affiliates of the James family in the sale of the Radisson Hotel Louisville North which closed on December 1, 2020. Located just across the Ohio River from downtown Louisville in Clarksville, Indiana, the 353-unit Radisson features extensive meeting space, a restaurant and lounge, indoor and outdoor pools, Continue Reading about Radisson Hotel Louisville North – 505 Marriott Dr Clarksville IN, 47129
Holiday Inn Express – 2256 Landing Ln Fairmont WV, 26554
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent the Seller of the 71-unit Holiday Inn Express Fairmont, West Virginia that closed on September 25, 2020. David Mumford, Senior Principal in Mumford Company’s Newport News office, along with Justin Pinkard, Managing Principal in the firm’s Washington DC office, and Andrew Smith, Vice President also in the Continue Reading about Holiday Inn Express – 2256 Landing Ln Fairmont WV, 26554
Super 8-9375 US 49 Gulfport MS, 39503
Mumford Company, a full-service hotel advisory firm since 1978, announced today it was pleased to represent the Seller of the 95 unit Super 8 by Wyndham of Gulfport, Mississippi that closed on September 18, 2020. Steve Kirby, Managing Principal of the Mumford Company, of the Mumford Company’s Atlanta office, along with Ed James, Managing Principal in the firm’s Newport News Headquarters, and Continue Reading about Super 8-9375 US 49 Gulfport MS, 39503
Baymont Inn & Suites – 1100 Express Ln Jesup GA, 31546
Mumford Company, a full-service hotel advisory firm since 1978, announced today it was pleased to represent the Seller of the Baymont Inn & Suites of Jesup, Georgia that closed on August 21, 2020. The Seller was an out of state owner-operator that sold to a multi property hospitality investor that plans to make significant investments in renovating the hotel product and taking advantage of the Continue Reading about Baymont Inn & Suites – 1100 Express Ln Jesup GA, 31546
Clarion Inn – 1074 Bill Tuck HwySouth Boston VA, 24592
Mumford Company is pleased to announce the completed sale of the 66-unit, 2 story, interior corridor Clarion Inn of South Boston, Virginia. Principal Justin Pinkard and Vice President Andrew Smith, both of firm’s Washington D.C. office, were pleased to represent an affiliate of Hammock Worldwide in the sale to SDH Hospitality, LLC. “We were pleased to achieve this result for the seller, Continue Reading about Clarion Inn – 1074 Bill Tuck HwySouth Boston VA, 24592
Super 8 – 3370 Gold Ave Kingdom City MO, 65262
Mumford Company is pleased to announce the completed sale of the 60-unit, 3 story, interior corridor Super 8, Kingdom City, MO. The hotel is conveniently located off Interstate 70 about 20 miles east of Columbia, MO and 100 miles west of St. Louis, MO. George Arvanitis, Managing Director-Midwest with Mumford Company’s Chicago office represented the Seller, CapeInn, LLC and procured the Purchaser, Continue Reading about Super 8 – 3370 Gold Ave Kingdom City MO, 65262
Holiday Inn Airport – 3630 Springhill Memorial Dr S Mobile AL, 36608
Mumford Company is pleased to announce another completed transaction, the Holiday Inn Airport of Mobile, AL. Mumford Company represented the seller, an operator, developer, and investor in premium-branded, select, limited-service, and extended-stay hotel assets, in the sale, and this was the second Mumford Company sale completed for this seller in the last 12 months. The purchaser was Mobile Continue Reading about Holiday Inn Airport – 3630 Springhill Memorial Dr S Mobile AL, 36608
Sleep Inn & Suites – 3411 US-165 Pineville LA, 71360
Mumford Company is pleased to announce its 7th recent successful Louisiana closing, the Sleep Inn and Suites of Alexandria/Pineville. The seller was a New York based private equity group while the purchaser was a Louisiana based multi- property owner and operator. Steve Kirby of Mumford’s Atlanta office and Ed James of the Newport News office represented the seller in the transaction. About Continue Reading about Sleep Inn & Suites – 3411 US-165 Pineville LA, 71360
