Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Sleep Inn & Suites Bakersfield North, a two-story 46-room property ideally located off of State Highway 99 in Central California. The property has been renovated to Choice's Designed to Dream Sleep Inn prototype in 2022, as well as undergone several capital improvements. Property amenities include a business center, fitness center, complimentary breakfast, complimentary coffee and guest laundry facilities. Each guest room is equipped with a flat-screen TV with HBO, work desk, refrigerator, microwave and coffee maker. Select suites include a sofa bed. The Sleep Inn & Suites Bakersfield North represents the opportunity to acquire a Choice-branded hotel in Central California. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Central California region.