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.
Waco Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
Loading comparables…
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