Akin Patel Purchases Hotel In Channelview From Jinesh, Viren, And Krutik Patel
SOLD
Texas
See Similar DealsHotel24,592 SF
Sold 04/27/2026
SOLD
Akin Patel Purchases Hotel In Channelview From Jinesh, Viren, And Krutik Patel
16939 East Freeway
See Similar DealsHotel24,592 SF
Sold 04/27/2026
Summary
TEXAS
Asset Type:Hotel
Total Square Footage:24,592 SF
Transaction Type:Sale
The property asset involved in the transaction is a hotel located at 16939 East Freeway in Channelview. It features 56 keys and encompasses a total square footage of 24,592.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Address: 16939 East Freeway
- Market: Channelview
- Keys: 56
- Square Footage: 24,592
- Buyer: Akin Patel
- Seller: Jinesh Patel, Viren Patel & Krutik Patel
- Broker: Rajan Patel - Marcus & Millichap
- Attorney: Kishan Patel at KDP Law PLLC & Latitude Title
This transaction involves key individuals such as the buyer Akin Patel and the sellers Jinesh Patel, Viren Patel, and Krutik Patel, who were represented in the deal by broker Rajan Patel from Marcus & Millichap. Legal representation for the transaction was provided by attorney Kishan Patel from KDP Law PLLC alongside Latitude Title.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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