Bhavin Patel And Baadal Patel Acquire Hotel From Jayden Patel Of Lakshmi Investment Group In Stanton
SOLD
Texas
See Similar DealsHotel24,318 SF
Sold
SOLD
Bhavin Patel And Baadal Patel Acquire Hotel From Jayden Patel Of Lakshmi Investment Group In Stanton
3432 Interstate 20
See Similar DealsHotel24,318 SF
Sold
Summary
TEXAS
Asset Type:Hotel
Total Square Footage:24,318 SF
Transaction Type:Sale
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.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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