Ankit Saroliya Purchases Hotel At 1055 Mcnee Road From Aniel Verma With Seller's Reps Eric Guerrero & James Rebullida
1055 Mcnee Road
Building Size
42,731 SF
Asset Type
Hotel
Closing
Sep 14, 2025
AI
The property asset involved in this transaction is a hotel located at 1055 Mcnee Road in Houston, with a total square footage of 42,731. The specific sale was finalized on September 15, 2025.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 1055 Mcnee Road
- Market: Houston
- Asset Size: 42,731 SF
- Buyer: Ankit Saroliya
- Seller: Aniel Verma
- Seller's Representative: Eric Guerrero & James Rebullida - HVS Brokerage & Advisory
The key individuals involved in this transaction include Ankit Saroliya, acting as the buyer, and Aniel Verma, who sold the property. Eric Guerrero and James Rebullida represented Aniel Verma in this transaction through their affiliation with HVS Brokerage & Advisory.
Players
Houston Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93