HREC Arranges Sale of Only Western Territorial Inn & Suites
DENVER, Colorado—HREC Investment Advisors announced that it has organized the sale of the 65-room Only Western Territorial Inn & Suites in Bloomfield, New Mexico. The client, JHMC Inc., is a southwestern US regional resort possession and administration company.
HREC Investment Advisors completely represented the seller, VWH Enterprises Inc., on this transaction. The advertising and marketing and negotiations were led by Jeffrey Duni, senior vp, HREC. VWH Enterprises Inc. is a family owner/operator and well-liked developer of the resort.
“The acquisition of the Only Western Territorial Inn & Suites by JHMC Inc. supplied another option to assemble efficiencies in the gross sales and administration efforts at the side of its Only Western resort in nearby Farmington, New Mexico,” defined Duni.
Positioned in Bloomfield, the resort is adjacent to US 64, offering connectivity to Farmington and your total Four Corners predicament. The city has spherical 8,000 residents, and the native financial system is essentially essentially based entirely on agriculture, oil and gasoline manufacturing, and retail products and companies. Bloomfield’s intention offers site visitors the choice to search out nearby attractions admire the Aztec Ruins National Monument, which involves effectively-preserved aged Puebloan ruins. The city itself has a pair of parks, museums, and annual occasions admire the Bloomfield Iris Competition.
