Motel 6


Price:
$2,750,000


Mumford Company is pleased to announce the sale of the Motel 6 Farmington, New Mexico. David Mumford, Senior Principal in the firm’s Newport News Headquarters and Ryan Patterson, Senior Associate in the firm’s Dallas office represented G6 Hospitality, LLC. The purchaser, Farmington 1600 LLC, plans to renovate the property and continue to operate as a Motel 6 franchise.


The 134-roon property is well located just North of E. Broadway Avenue and Highway 64 in Farmington, NM.  Patterson said, “The property has solid upside potential with planned renovations to the property. The buyer has been very active in the New Mexico market and plans on expanding his portfolio throughout other major New Mexico and Arizona markets.”


About Mumford Company:

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 (757) 873-0962 or email sales@mumfordcompany.com.