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4259 North Interstate 35

Mahesh Surati Purchases Hotel From Sadru Ali With Jatin Jariwala As Broker In Waco
SOLDHotel

Mahesh Surati Purchases Hotel From Sadru Ali With Jatin Jariwala As Broker In Waco

4259 North Interstate 35

Building Size

68,942 SF

Asset Type

Hotel

Closing

Mar 24, 2026

AI

The property involved in this transaction is a hotel located at 4259 North Interstate 35, Waco, with a total of 118 keys and a square footage of 68,942. The sale was completed on March 25, 2026.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not specified
  • Buyer: Mahesh Surati
  • Seller: Sadru Ali
  • Broker: Jatin "JT" Jariwala - Hotel Brokers of America

Jatin "JT" Jariwala represented both the buyer and seller in this transaction, highlighting the ongoing trust of repeat clients on both sides. Notably, the efficiency of the extended team, including lenders, legal counsel, and brand representatives, contributed to overcoming various challenges during the process.

Players

Jatin Jariwala

Hotel Brokers of America

Broker

$9.5M

vol

7 deals

Broker

Waco 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