Vital Hospitality Group Acquires Hotel In Katy For $5.96M With Brokers Ahmed Kabani & Suraj Dalal - The Kabani Hotel Group - Marcus & Millichap; Tim Speck

The Hotel property located at 2501 Texmati Drive in Katy has been sold. The property spans 1.56 acres and was sold on 02/28/2022. The transaction was handled by brokers Ahmed Kabani and Suraj Dalal from The Kabani Hotel Group at Marcus & Millichap, along with Tim Speck. The buyer of the property is Vital Hospitality Group.

Summary of transaction details:

• Property Type: Hotel
• Sale Price: $5,960,000
• Address: 2501 Texmati Drive, Katy
• Market: Katy
• Acres: 1.56
• Brokers: Ahmed Kabani & Suraj Dalal - The Kabani Hotel Group - Marcus & Millichap; Tim Speck

The property was sold for a total of $5,960,000. It comprises a total of 69 keys, resulting in a price per key of $86,377.