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1/11/19
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Best Western Plus Villa Del Lago Inn, an 82-room hospitality property located in Patterson, CA, sold for $8.65 mil. Patterson is roughly 17 miles southwest of Modesto in central California.
Best Western Plus Villa Del Lago Inn, a three-story, full-service hotel surrounded by several distribution centers, is located at 2959 Speno Dr. Built in 2000, the hotel consists of 82 interior corridor rooms with close proximity to I-5. Located in theproperty’s lobby is a popular Italian eatery, Francesca’s Restaurant and Lounge.
Gordon Allred and Kelly Hansen with Marcus & Millichap represented the buyer and the seller, both limited liability companies. According to Allred, the listing generated multiple offers from prospective buyers.
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