INVESTORS PURCHASE RAMADA HOTEL IN GATESVILLE

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GATESVILLE, TEXAS — Cameron, Texas-based Vansh Hotels has purchased a 63-room, 35,948-square-foot Ramada Hotel at 111 North Highway 36 Bypass in Gatesville. Situated on 2.15 acres, the 3-story property was built in 2004 and houses a meeting room, breakfast area, business center, fitness center, outdoor pool and guest laundry. Manoj Shah of NAI Capital's Ontario, Calif., office represented the buyer, and Denny Chung of Los Angeles-based NC Investment Group represented the undisclosed seller.

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