Marcus & Millichap recently closed the sale of Four Points Sheraton, a 224-room hospitality property located in San Diego. The asset sold for $13,000,000 and was represented by Ben Tashakorian (senior managing director investments) and Ali Valiahdi (investment associate) from the firm’s San Diego Del Mar office. The new owners plan to enhance the hotel’s overall appeal with significant improvements to its premises as well as introducing a variety of new attractions.
Four Points Sheraton is situated at 8110 Aero Dr., conveniently near popular destinations such as Sea World, Balboa Park and the San Diego Zoo – making it an ideal choice for visitors looking to explore these attractions.
This transaction marks an exciting opportunity for both buyers and sellers alike; providing potential growth opportunities while allowing investors access into one of California’s most sought after markets – San Diego!
