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Dinesh Patel Purchases Holiday Inn Express In Dallas From Perry Molubhoy Of Atlantic Hotels

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SOLD

Texas

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Hotel74,656 SF
Sold 01/08/2025
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Property Image
SOLD

Dinesh Patel Purchases Holiday Inn Express In Dallas From Perry Molubhoy Of Atlantic Hotels

6055 Lyndon B Johnson Freeway

See Similar Deals
Hotel74,656 SF
Sold 01/08/2025
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Hotel
Price Per Square Foot:$0
Total Square Footage:74,656 SF
Transaction Type:Sale

The transaction involved the sale of a hotel asset located at 6055 Lyndon B Johnson Freeway, within the Dallas market. The property is identified as the Holiday Inn Express - Dallas Galleria, which is strategically positioned near the bustling Galleria area, enhancing its value for potential growth.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not specified
  • Buyer: Dinesh Patel
  • Seller: Perry Molubhoy - Atlantic Hotels
  • Broker: Jatin Jariwala - Hotel Brokers of America
  • Date of Transaction: 01/08/2025

This deal showcases the collaborative efforts and strong relationships facilitated by Jatin Jariwala from Hotel Brokers of America, who represented Perry Molubhoy and Atlantic Hotels in the sale. The transaction reflects the dynamism of the Dallas hospitality market, highlighting the opportunities available for local buyers.

Players

Jatin "JT" Jariwala
Hotel Brokers of America
Jatin Jariwala
7 deals$9.5M volume(469) 233-2191
BROKER

Details

SOLD
IMAGE: Jatin Jariwala DATE: 01/08/2025 ADDRESS: 6055 Lyndon B Johnson Freeway MARKET: Dallas ASSET TYPE: Hotel BUYER: Dinesh Patel SELLER: Perry Molubhoy - Atlantic Hotels BROKER: Jatin Jariwala (@Jariwala27) - Hotel Brokers of America NOTE FROM BROKER: I'm thrilled to announce the sale of the Holiday Inn Express - Dallas Galleria! via the Ten-X Auction Platform. This deal highlights the strength of relationships and the exciting opportunities within the Dallas market. 👏 A big thank you to our repeat sellers for trusting us once again to deliver results. It’s always a pleasure to work with partners who value expertise and execution. 🎉 Congratulations to the local buyers who saw the incredible value-add potential in this asset. Positioned in a prime location near the bustling Galleria area, this property is perfectly poised for future growth. 💼 Transactions like this are a testament to the vibrant energy of the Dallas hospitality market and the opportunities it holds. If you're in the market to Sell or Buy your next Hotel you can reach me on my cell 469-233-2191 or [email protected]

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