Noble Investment Group Acquires Hotel In Round Rock For Mit Shah
420 Sundance Parkway, Round Rock, TX 78681, USA
Building Size
82,530 SF
Asset Type
Hotel
Closing
Oct 8, 2021
About this deal
AI
The hotel located at 420 Sundance Pkwy in Round Rock has been sold in a recent transaction. The property, with a total of 138 keys, changed ownership on 10/08/2021.
Summary of transation details
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Address: 420 Sundance Pkwy, Round Rock
- Market: Round Rock
- Keys: 138
The buyer of this hotel is Noble Investment Group, represented by Mit Shah.
Traded’s record for 420 Sundance Parkway, Round Rock, TX 78681, USA in Round Rock, Texas covers a hotel sale from 2021. The building is 82,530 square feet, implying about 0 per square foot on the published price. This page is the Round Rock, Texas file for the 420 Sundance Parkway, Round Rock, TX 78681, USA hotel sold: pricing, party profiles, and other closed hotel comps from the same Round Rock sit in the Market section below. Filter that Round Rock hotel set by closing date to see what else sold near 420 Sundance Parkway, Round Rock, TX 78681, USA around 2021. Cite this Noble Investment Group Acquires Hotel In Round Rock For Mit Shah sale when underwriting similar hotel product around Round Rock, Texas.
Players
Round Rock Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Deal FAQ
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