Description
Newly renovated hotel, ideally located in the heart of Modesto. Located at one of Modesto's busiest exits. Conveniently located near shopping, dinning, entertainment, and gyms all within walking distance. Highly visable, with signage from Highway 99. With over 50million cars traveling along Highway 99 on a yearly basis. Perfectly situated between Sacramento, the Bay Area, and Yosemite. The Modesto Hotel is member of the IHG Hotel and Resort family, and future home of Holiday Inn & Suites. Strong growth potential with existing Yosemite tour contacts, banquet and meeting rooms, and soon to be built 42,000sqft, 4-story expansion with new lobby, 23 new suites, restaurant, and rooftop terrace. A fine hotel, with excellent growth potential. Ground Lease, 18years remaining, 25yr extension, 99yr lease can be implemented prior to close.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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71,000SQFT
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$239$/SQFT
School Ratings & Info
Description
Newly renovated hotel, ideally located in the heart of Modesto. Located at one of Modesto's busiest exits. Conveniently located near shopping, dinning, entertainment, and gyms all within walking distance. Highly visable, with signage from Highway 99. With over 50million cars traveling along Highway 99 on a yearly basis. Perfectly situated between Sacramento, the Bay Area, and Yosemite. The Modesto Hotel is member of the IHG Hotel and Resort family, and future home of Holiday Inn & Suites. Strong growth potential with existing Yosemite tour contacts, banquet and meeting rooms, and soon to be built 42,000sqft, 4-story expansion with new lobby, 23 new suites, restaurant, and rooftop terrace. A fine hotel, with excellent growth potential. Ground Lease, 18years remaining, 25yr extension, 99yr lease can be implemented prior to close.
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