Holiday Inn Airport


Price:
  $7,950,000   
$7,200,000


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 based, with multiple assets along the Gulf Coast. This was the fifth transaction by Mumford with the purchaser and affiliates. Ed James and Steve Kirby represented the seller.

Steve Kirby said, “Working with the professional sellers and buyers is always a plus in any transaction. We are grateful for the trust placed in Mumford Company by our clients.”

About Mumford Company:

Mumford Company was established in 1978 to provide top quality hotel brokerage services and has a team of brokerage professionals with broad experience in all aspects of lodging acquisitions, development, consulting and operations. They represent sellers of most major brands in markets throughout the country, and their diverse background allows them to have an awareness of key opportunities within the marketplace, so they can accurately position their client's assets to maximize their investment results. The firm has an experienced sales team in regional offices across the country, including Newport News, Virginia; Atlanta, Georgia; Chicago, Illinois; Dallas, Texas and Washington DC. Their track record of success for buyers and sellers have made Mumford Company a leader for the last 41 years while upholding the values of the company from when it first began. For more information or to put the Mumford Company team to work for you, please contact Mumford at 757-873-0962, or by e-mail at sales@mumfordcompany.com