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1701 East Saint Elmo Road, ...

Updated Oct 12, 2026

Door Capital Acquires Hotel In Austin From JDE Brand Inc. For $4.25M
SOLDHotel

Door Capital Acquires Hotel In Austin From JDE Brand Inc. For $4.25M

1701 East Saint Elmo Road, Austin, TX 78744

$4,250,000

$143/SF

Building Size

29,580 SF

Asset Type

Hotel

Closing

Jun 28, 2020

About this deal

AI

Anudeep Gosal & Zuhair Bheda of Besen Partners, along with Toni-Diane Donnet & Chris Parrino of KW Commercial, facilitated the sale of a hotel located at 1701 E St Elmo Road in Austin. The property, consisting of 51 rooms, was sold by JDE Brand Inc. represented by Jahn De Khudikine. The buyer, Door Capital represented by Gerardo Carreno, acquired the hotel for a price of $4,250,000, resulting in a per room price of $88,235.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $4,250,000
  • Address: 1701 E St Elmo Road
  • Market: Austin

This successful transaction was made possible by the collaboration between Anudeep Gosal & Zuhair Bheda from Besen Partners and Toni-Diane Donnet & Chris Parrino from KW Commercial. Their expertise and negotiation skills played a crucial role in facilitating the deal between the buyer, Door Capital, and the seller, JDE Brand Inc. Both parties can be confident in the outcome of this transaction, as the sales price of $4,250,000 aligns with the market value of the property.

On the Map

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$4,250,000

$143/SF

Hotel

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Players

Anudeep Gosal

Besen Partners

Broker

$197.8M

vol

17 deals

Broker

Gerardo Carreno

Door Capital Partners

Buyer

$4.3M

vol

1 deal

Buyer
Door Capital Partners
Door Capital PartnersBuyer

Jahn De Khudikine

JDE Brand Inc.

Seller

$4.3M

vol

1 deal

Seller
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Austin Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Deal FAQ

About $143 per square foot on a published $4.3M for 29,580 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.73%

Cash-on-Cash

-1.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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