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2609 Airport Freeway

Raj Patel Purchases Hotel In Bedford From Rohit Dand With Brokers Eric Guerrero & Matt Almy
SOLDHotel

Raj Patel Purchases Hotel In Bedford From Rohit Dand With Brokers Eric Guerrero & Matt Almy

2609 Airport Freeway

Building Size

101,364 SF

Asset Type

Hotel

Closing

Jul 30, 2025

AI

The asset involved in the transaction is a hotel located at 2609 Airport Freeway in Bedford, encompassing a total square footage of 101,364. The purchase was executed on July 31, 2025.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not disclosed
  • Address: 2609 Airport Freeway
  • Market: Bedford
  • Square Footage: 101,364
  • Buyer: Raj Patel
  • Seller: Rohit Dand
  • Broker Representatives: Eric Guerrero & Matt Almy - HVS Brokerage & Advisory

The transaction features Raj Patel as the buyer and Rohit Dand as the seller, with the representation of Eric Guerrero and Matt Almy, who are affiliated with HVS Brokerage & Advisory, highlighting their roles in facilitating the deal.

Players

Eric Guerrero

HVS Brokerage & Advisory

Broker

$10.6M

vol

23 deals

Broker
HVS Brokerage & Advisory
HVS Brokerage & AdvisoryBrokerage

Bedford 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