There were three very interesting transactions last month in Deep Deuce and East Bricktown.
They are shown in pink below and labeled 1, 2 & 3. All were purchased by Atul Patel, a prominent local cardiologist.
#'s 1 & 2 comprise about .6 acres and were purchased for a total of about $680K.
#3 is really strange... Purchased from Robert Meinders (owner of the W W Steel buildings and proposed site of the East Bricktown hotel and apartments). Only .63 acres in a very odd location but price was $1.16 million.
I suspect another hotel deal may be in the works for that #3 site and would include the Meinders property immediately west and the OCURA property to the east. He also might be trying to put together a hotel deal on sites 1&2, hoping to acquire the The Wedge property to the west.
In an article about a hotel he's opening in Enid, there was this additional information: "A practicing doctor at Oklahoma Heart Hospital, Patel also owns Enid Best Western, Guthrie Holiday Inn Express, Four Points by Sheraton in Oklahoma City, Holiday Inn Express in Ponca City and “several others outside the local area.”
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