Days Inn Bradenton owner buys GuestHouse Inn Ellenton

BUYER: Jalaram LLC (principals: Tarun and Nilesh Patel), Bradenton
SELLER: Supertel Limited Partnership
PROPERTY: 4915 E. 17th St., Ellenton
PRICE: $1.27 million
PREVIOUS PRICE: $1.34 million, November 2002
LAW FIRM ON DEED: Duncan & Associates PA, Fort Myers

PLANS, DESCRIPTION: Tarun and Nilesh Patel of Bradenton purchased the 63-room GuestHouse Inn Ellenton for $1.27 million.

The price equated to $20,079 per unit.

The hotel features two one-room suites and four two-room suites. It also includes a lakeside heated pool and laundry facility.

Another entity, led by Tarun Patel, also owns the 134-unit Days Inn Bradenton. The Patels did not respond to a call for comment prior to deadline.