The Mumford Company was once again pleased to represent Eastern Lodging, Inc. in the sale of the Super 8 Motel of Summersville, West Virginia to Ganesh, LLC. This is the 25th sale in which Mumford Company has represented affiliates of Eastern Lodging in recent years and is part of an ongoing disposition program. The buyer is a regional owner/operator with a strong presence in the local market area. The buyers plan to make cosmetic renovations to the property and retain the Super 8 franchise.
David Mumford and Ed James both of the Newport News, VA office, along with Justin Pinkard of company’s Washington DC office negotiated the transaction on behalf of the seller.
The Super 8 is easily accessible and highly visible from US 19. It is close to regional demand generators such as Northside Industrial Park, Summersville Regional Medical Center, Summersville Arena and Convention Center and the New River Community and Technical College.
Mumford Company is a hotel real estate brokerage firm with a commitment to results-oriented customer service that has accomplished over 850 completed transactions in its 34-year history. With its' experienced sales team in five regional offices across the country, including the company's newly opened Washington DC 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.