Mike Patel Acquires Hotel From AVI Food Systems For $4,250,000 With Anudeep Gosal And Arjun Sheth As Representatives

The transaction involves a hotel located at 200 Technology Drive in Coal Center, PA, with a total sale price of $4,250,000. This asset spans 59,288 square feet and consists of 85 keys, resulting in a price per square foot of $71 and a price per key of $50,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $4,250,000
• Address: 200 Technology Drive
• Market: Coal Center, PA
• Square Footage: 59,288
• Price per Square Foot: $71
• Number of Keys: 85
• Price per Key: $50,000
• Buyer: Mike Patel
• Seller: AVI Food Systems
• Buyer's Representative: Anudeep Gosal - Besen Partners
• Seller's Representative: Arjun Sheth - Besen Partners

The deal was facilitated by the representatives from Besen Partners, where Anudeep Gosal represented the buyer, Mike Patel, and Arjun Sheth represented the seller, AVI Food Systems. This collaboration highlights the involvement of both brokers in executing the transaction efficiently.