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Super 8 Ainsworth Nebraska Sold

Mumford Company represented Gold in the sale of the Super 8 Motel of Ainsworth, Nebraska, to Aarav Hospitality, LLC. The buyer is a multi-unit operator who plans to make cosmetic renovations to the hotel and maintain its' Super 8 affiliation.
By HNN Newswire
August 14, 2009 | 7:20 P.M.

AINSWORTH, Nebraska - Mumford Company was pleased to represent Gold, Inc. in the sale of the Super 8 Motel of Ainsworth, Nebraska to Aarav Hospitality, LLC. The buyer is a multi-unit operator who plans to make cosmetic renovations to the hotel and maintain its' Super 8 affiliation.

Financing for the transaction was provided by a local bank utilizing the USDA loan program. David Mumford and Randy Lee represented Mumford Company in this sales effort.

This 35 room Super 8 property has limited, branded competition and is well located with excellent visibility. Ainsworth serves as the primary retail trade area for seven counties. Agriculture, forestry, construction, healthcare, educational and transient hospitality services are the primary industries that support Ainsworth.

With over 30 years of experience in the Hotel industry, Mumford Company’s commitment to results-oriented customer service has yielded outstanding client results year after year. As a specialist in mid-market assets, Mumford Company has structured the sale of hundreds of hotels in the past five years alone, representing a wide array of owners and investors. For more information or to view current listings, please visit www.mumfordcompany.com or contact (757) 873-0962.

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For Immediate Release

For More Information Contact:
757-873-0962 ext 303
Do not directly contact those identified in this release