Econo Lodge Property

 

POCOMOKE, MARYLAND- DECEMBER 2021 – Senior Advisor Wesley Cox of the Hanna Team at SVN -Miller Commercial Real Estate announces the sale of a 62-unit Choice Hotel. Shailesh Shah a broker within SVN located in Virginia, teamed up with Wesley for the sale of this successfully performing hotel.

The subject property consists of five buildings, an outdoor pool, and all guest rooms had been renovated at this very well-maintained hotel.
“Shailesh and I stayed persistent with our efforts and after a dozen showings, we were able to find the right buyer to meet the seller’s goals. The seller was realistic with their time-frame, and we ultimately found an out-of-state buyer that saw the value in this property who will successfully operate this hotel into the future.”, commented Wesley about the sale.
This is one of a few hotel deals Wesley is involved in among many other transactions currently in the works including major land developments, investment property deals, and multiple new leases to fill vacant commercial spaces across Delmarva.

If you need professional fiduciary representation with your best interests as the top priority, contact Wesley Cox anytime at 410-543-2421 or by email at wesley.cox@svn.com
SVN | Miller Commercial Real Estate, with offices in Salisbury, MD, Bethesda, MD, Easton, MD, Seaford, DE, and Onley, VA is a regional firm specializing in commercial real estate in the Mid-Atlantic region. We provide advisory, brokerage, consultation, leasing, and asset and property management services to clients in the Mid-Atlantic Region. We combine a comprehensive national footprint with local decision-making expertise and market-leading execution*. We maintain an unequivocal commitment to our clients and community (#SVNgivesback).

SVN |Miller is an Accredited Management Organization® (AMO). Our team of dedicated professionals with market-leading knowledge includes a highly trained staff of Certified Property Managers® (CPM®), Brokers who hold the prestigious Certified Commercial Investment Member (CCIM) designation, and members of the Society of Industrial and Office Realtors (SIOR).
SVN | Miller Commercial is currently ranked #8 out of 200+ international SVN® Offices. For information on how to make SVN | Miller Commercial Real Estate the key to your success, contact 410-543-2440 or visit our website www.SVNmiller.com.