Bhavin Patel And Baadal Patel Acquire Hotel From Jayden Patel Of Lakshmi Investment Group In Stanton
3432 Interstate 20
Building Size
24,318 SF
Asset Type
Hotel
Closing
Feb 24, 2026
About this deal
AI
The property asset involved in this transaction is a hotel located at 3432 Interstate 20 in Stanton. It encompasses a total of 24,318 square feet and features 50 keys.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 3432 Interstate 20
- Market: Stanton
- Square Footage: 24,318
- Keys: 50
- Buyer: Bhavin Patel & Baadal Patel
- Seller: Jayden Patel - Lakshmi Investment Group (LIG HOTELS)
- Brokers: Rajan Patel, Alexander Curry & Chris Gomes - Marcus & Millichap
This transaction involved the buyers Bhavin Patel and Baadal Patel acquiring the property from seller Jayden Patel, who represents Lakshmi Investment Group (LIG HOTELS). The brokers facilitating this deal were Rajan Patel, Alexander Curry, and Chris Gomes from Marcus & Millichap.
On the Map
Hotel
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Players
Stanton 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