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1832 Market Place Drive

Updated Sep 25, 2026

Anthony Gupta Acquires Hotel From Neel Jain With Seller's Representatives HVS Brokerage & Advisory
SOLDHotel

Anthony Gupta Acquires Hotel From Neel Jain With Seller's Representatives HVS Brokerage & Advisory

1832 Market Place Drive

Building Size

49,400 SF

Asset Type

Hotel

Closing

Nov 24, 2025

About this deal

AI

The property involved in this transaction is a hotel located at 1832 Market Place Drive in McKinney, measuring 49,400 square feet.

Summary of transaction details:

This transaction was facilitated by HVS Brokerage & Advisory, representing the seller Neel Jain through Eric Guerrero, Matt Almy, and Andrew Frosch, who played key roles in the transaction process.

On the Map

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Hotel

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Players

Andrew Frosch

HVS Brokerage & Advisory

Broker

$3.3M

vol

20 deals

Broker
HVS Brokerage & Advisory
HVS Brokerage & AdvisoryBrokerage

Anthony Gupta

Buyer
Buyer

Neel Jain

Seller
Seller
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McKinney 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

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