Ankit Makwana Acquires Hotel In Humble From Michelle Corder With Aseem Tandon As Buyer's Rep
4819 Canyon Lakes Trace Drive
Building Size
71,276 SF
Asset Type
Hotel
Closing
Apr 29, 2026
About this deal
AI
The property asset involved in this transaction is a hotel located at 4819 Canyon Lakes Trace Drive in the Humble market. The total square footage of the hotel is 71,276.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Buyer: Ankit Makwana
- Seller: Michelle Corder
- Buyer's Representative: Aseem Tandon - Cushman & Wakefield
- Seller's Representatives: Eric Guerrero & James Rebullida - HVS Brokerage & Advisory
The transaction features Aseem Tandon representing the buyer, Ankit Makwana, while the seller, Michelle Corder, is represented by Eric Guerrero and James Rebullida. This highlights the collaboration between the involved brokerage firms in the transaction process.
On the Map
Hotel
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Players
Humble 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