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September 21, 2019
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Central CA Hotel Property Trades for $105k/Room

1/11/19

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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