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Ramada Hotel in Gatesville Changes Hands

Bank Sells 63-Room Property to Investor
By Samantha Mrozinski
July 9, 2010 | 6:12 P.M.

NARA Bank sold a 35,948-square-foot Ramada Hotel at 111 N Highway 36 in Gatesville, TX. While the amount Vansh Hotels LLC acquired the property for was undisclosed, it had an assessed value of $3.38 million, or approximately $53,651 per room.

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