MOBILE, AL, Nov. 14, 2011 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Mobile Bay Adventure Inn (top left photo), a 131-room hotel located in downtown Mobile, Ala., according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office.
Jonathan S. Ruprai (lower right photo), a hospitality specialist in Marcus & Millichap’s Tampa office and Edwin Greenhalgh, Alabama broker in the firm’s Birmingham office, had the exclusive listing to market the property on behalf of the seller, a financial institution.
The listing agents also secured the buyer of the property, a limited liability company based out of Alabama.
Mobile Bay Adventure Inn is a limited service hotel built in 1968. The property is located at 255 Church Street.
Press Contact: Bryn D. Merrey, Vice President/Regional Manager, Tampa
(813) 387-4700
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