Sleep Inn & Suites


Price:
$3,975,000


Mumford Company is pleased to announce the sale of the Sleep Inn & Suites in Valdosta, Georgia. Steve Kirby, Managing Principal and Burton Brooks, Principal with the firm's Georgia office along with Ed James, Managing Principal of the firm's Newport News headquarters represented Maha Kaali, Inc. and out of state owner in this transaction to Loyadham, LLC. The purchaser is a first-time owner who will be living in the Valdosta market with plans to renovate the property. According to Burton Brooks, “This was the third hotel transaction that we have structured for affiliates of the selling group and we appreciate their continued trust in the Mumford Company team. The property provides an excellent opportunity for the buyer with a superior midmarket brand, well located to serve the many demand generators of the Valdosta market”.

 

About Mumford Company

Mumford Company is a hotel real estate brokerage firm with a commitment to results-oriented customer service that has accomplished over 1040 completed transactions in its 40-year history. With its' experienced sales team in five regional offices across the country, including the company's newly opened Dallas TX office, Mumford Company is a leader in the sale of mid-market and economy hotels. For more information, contact Mumford Company at (757) 873-0962, or email sales@mumfordcompany.com.