Super 7 Inn


Price:
$2,500,000


 

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 purchaser, based in New Mexico, put down a substantial, non-refundable earnest money and closed on the property in less than 60 days.

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