Aman H. Patel Of Patel Capital Groups Acquires Hotel In League City From Kalpesh Patel
2350 South Gulf Freeway
Building Size
41,871 SF
Asset Type
Hotel
Closing
Aug 17, 2026
About this deal
AI
The property involved in this transaction is a hotel located at 2350 South Gulf Freeway in League City, featuring a total of 83 keys and encompassing 41,871 square feet.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Buyer: Aman H. Patel - Patel Capital Groups
- Seller: Kalpesh Patel
- Date of Transaction: 08/17/2026
Aman H. Patel represents Patel Capital Groups LLC, which is focused on expanding its hospitality portfolio through strategic property acquisitions alongside management of recognized hotel brands. The buyer is committed to improving hotel performance and maximizing investment value across their operations.
On the Map
Hotel
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Players
League City Hotel Market Snapshot
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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