Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Barstow Outlet Center, a three-story, interior corridor hotel conveniently located next to The Outlets at Barstow and off of Interstate 15 in Barstow, California. The property consists of 110 interior corridor guest rooms, two meeting rooms, a fitness center, business center, sundry shop, guest laundry facilities, and an outdoor pool & spa. Barstow is approximately an hour and a half drive from Los Angeles, CA; an hour drive from Ontario, CA; and a two hour drive from Las Vegas, NV. The city is a year-round market that has strong demand drivers such as government, corporate, railroad, freeway traffic, and infrastructure-related generators. BNSF Railway plans to invest over $1.5 billion in the Barstow International Gateway, a 4,500-acre rail facility in Barstow. It will include a rail yard, intermodal facility, and warehouses for transloading freight. The Holiday Inn Express & Suites Barstow Outlet Center represents the opportunity to acquire a franchised hotel in a consistently strong, year-round market. Our Pro Forma analysis assumes that the market will continue to be supported by its demand drivers and the property will also benefit from the Property Improvement Plan (PIP).