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3539 North Sam Houston Park...

Ahsan Usman Purchases Holiday Inn Houston NW Beltway 8 From Jazz Toor For $X Million
SOLDHotel

Ahsan Usman Purchases Holiday Inn Houston NW Beltway 8 From Jazz Toor For $X Million

3539 North Sam Houston Parkway West

Building Size

89,205 SF

Asset Type

Hotel

Closing

Oct 8, 2025

AI

The property asset involved in this transaction is the Holiday Inn Houston NW – Beltway 8, a hotel located at 3539 North Sam Houston Parkway West in the Houston market. The asset features 100 keys and encompasses a total of 89,205 square feet.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not specified
  • Buyer: Ahsan Usman
  • Seller: Jazz Toor
  • Seller's Representative: Rorik Seth - Seth Equities
  • Attorney: Kishan Patel - KDP Law PLLC
  • Date of Transaction: 10/09/2025
  • Market: Houston

This transaction was facilitated by Seth Equities, which represented the seller in the process. The firm successfully sourced an all-cash buyer through a competitive Ten-X marketing process, culminating in a closing within 48 days of contract execution. Seth Equities emphasizes precision, transparency, and execution in its dealings within the Texas hospitality market.

Players

Rorik Seth

Seth Equities

Broker

$3.4M

vol

9 deals

Broker

Houston 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