Clarion Inn


Price:
$3,750,000


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, especially given the unique circumstances within the industry at this time”, said Andrew Smith. The buyers plan to complete a full PIP on the asset and retain the Clarion franchise affiliation.

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