Hinesh Patel Acquires La Quinta Inn & Suites Rosenberg From Customer's Bank With Rorik Seth As Seller's Rep
Texas
See Similar DealsHinesh Patel Acquires La Quinta Inn & Suites Rosenberg From Customer's Bank With Rorik Seth As Seller's Rep
28332 Southwest Freeway
See Similar DealsSummary
The property asset involved in the transaction is a hotel located at 28332 Southwest Freeway in Rosenberg, with an asset type classified as a hotel, featuring 56 keys and a total square footage of 33,475.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 28332 Southwest Freeway
- Market: Rosenberg
- Keys: 56
- Square Footage: 33,475
- Buyer: Hinesh Patel
- Seller: Customer's Bank
- Seller's Representative: Rorik Seth - Seth Equities
The sale of the La Quinta Inn & Suites Rosenberg was facilitated by Rorik Seth, who represented Customer's Bank in the transaction. Seth Equities sourced a buyer who made a pre-auction offer along with a significant non-refundable deposit and swift closing terms. The buyer, Hinesh Patel, is local and intends to reposition the property as part of the ascend collection by Choice Hotels.
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