Super 8 of Ankeny, Iowa sold

Ankeny, IA - The Mumford Company was pleased to represent Continental Management in the recent sale of the Super 8 of Ankeny, Iowa, to Aashay LLC, a Missouri based investor. The transaction was structured by David Mumford of the Mumford Company's headquarters in Newport News, Virginia, Lance Potter of the firms' Chicago, Illinois location and Randy Lee of the firms' Dallas, Texas location for $2,025,000. The purchaser plans to modernize the property and maintain its affiliation with Super 8.

Established in 1978, Mumford Company is a proven leader in the field of hotel real estate brokerage. The firm'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. The company has offices in Atlanta, Chicago, and Dallas as well as its' headquarters in Newport News, Virginia. For more information or to view current listings, please visit www.mumfordcompany.com or contact (757) 873-0962.

For More Information Contact: Jackie L. Wilder/ 757-873-0962 ext 310/ [email protected]

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