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
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