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Hotel-Motel

Star-Liter Motel

900 S Union Ave, Bakersfield, CA 93307

Listing Price: $1,700,000

Cap Rate
12.45%
Number of Rooms
29
RevPAR
$3,180
Price/Room
$58,621
RRM
5.17
Year Built
1937

Investment Overview

Marcus and Millichap are pleased to Exclusively Represent for Sale the Star Liter Motel on Union Avenue in Bakersfield, CA. This single-story exterior corridor building consists of 25 keys. The property includes a office building space. Guestroom amenities include free cable TVs. Centrally located in the heart of Bakersfield off HWY 99. Accessible very easily from many travel routes and highways. The Star Liter Motel is only minutes away from Meadows field Airport, Kern River, Mechanics Bank Arena (formerly Rabobank Arena), Bakersfield Convention Center, Buck Owens Crystal Palace, Kern County Fairgrounds and directly across the street from the Golden West Casino. (Bakersfield's Premier Local Casino)

Investment Highlights

  • Bakersfield's historical occupancy runs approximately 70% we attract all types of Religious, Business Conferences and Sporting events that require hospitality stay.
  • This Opportunity is a "Cash Cow" for the savvy Investor. Truly a Diamond in the Rough!!
  • Located directly across the street from the Golden West Casino. (Bakersfield's Premier Local Casino)

Exclusively Listed By

Financing By

Hotel-Motel

Star-Liter Motel

Listing Price: $1,700,000

Cap Rate
12.45%
Number of Rooms
29
RevPAR
$3,180
Price/Room
$58,621
RRM
5.17
Year Built
1937

Investment Highlights

  • Bakersfield's historical occupancy runs approximately 70% we attract all types of Religious, Business Conferences and Sporting events that require hospitality stay.
  • This Opportunity is a "Cash Cow" for the savvy Investor. Truly a Diamond in the Rough!!
  • Located directly across the street from the Golden West Casino. (Bakersfield's Premier Local Casino)

Investment Overview

Marcus and Millichap are pleased to Exclusively Represent for Sale the Star Liter Motel on Union Avenue in Bakersfield, CA. This single-story exterior corridor building consists of 25 keys. The property includes a office building space. Guestroom amenities include free cable TVs. Centrally located in the heart of Bakersfield off HWY 99. Accessible very easily from many travel routes and highways. The Star Liter Motel is only minutes away from Meadows field Airport, Kern River, Mechanics Bank Arena (formerly Rabobank Arena), Bakersfield Convention Center, Buck Owens Crystal Palace, Kern County Fairgrounds and directly across the street from the Golden West Casino. (Bakersfield's Premier Local Casino)

Exclusively Listed By

Financing By

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