The El Prado/Days Inn Hotel, 1601 State in Santa Barbara, has been sold to a group of local investors. (Lara Cooper Noozhawk photo).

The El Prado/Days Inn Hotel in Santa Barbara has been sold to a group of local investors.

The 68-room hotel, at 1601 State St., was purchased by 1601 State Street Hotel Investors LP, which was looking for a hospitality investment in Santa Barbara to participate in an increasingly attractive market, according to Radius Commercial Real Estate.

Steve Brown, Austin Hetliy and Chris Park of Radius represented both the buyer and seller of the property, which was listed at $15.25 million.

“This was a unique opportunity to purchase a hotel in a desirable section of State Street,” Park said, “just walking distance from the most popular attractions in Santa Barbara.