Relax Inn (formerly Americas Best Value Inn)


Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent Rikita, LLC in the sale of the Relax Inn of Osceola, Iowa. The purchaser, Silverado Farms, LLC. is local to Iowa. David Mumford, Senior Principal of the firm’s Headquarters located in Newport News, VA and George Arvanitis, Managing Director - Midwest of the firms Chicago office, represented the Seller in this transaction.


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, Washington DC, and Tampa, Florida. 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