Santa Barbara Hotel Has New Owners |
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Santa Barbara, Calfornia – Published 10/26/2012
Noozhawk
Santa Barbara Hotel Has New Owners
By Gina Potthoff, Noozhawk Staff Writer
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. “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. |
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