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Hotel-Motel

Holiday Inn Express & Suites Frazier Park

612 Wainright Ct, Lebec, CA 93243

Listing Price: $13,750,000

Cap Rate
7.00%
Number of Rooms
77
RevPAR
$91
Gross SF
27,870
Price/Room
$178,571
RRM
5.10
Price/Gross SF
$493.36
Year Built
2009

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale of the Holiday Inn Express & Suites in Lebec, California. This property is a 4-story, interior corridor hotel with 77 rooms, conveniently located in close proximity to Interstate-5, with easy access to the property for transient travelers, which sees 85,000 VPD.

Nestled between Los Angeles and Bakersfield, close to Tejon Ranch, our October 2023 renovated Holiday Inn Express & Suites Frazier Park sits in charming Lebec and offers easy access to local attractions. Hike Los Padres National Forest or Hungry Valley. Stargaze at Mt. Pinos and snowshoe in Frazier Park. Attend annual events like the Mountain Shakespeare Festival, Fiesta Days, and Civil War Enactments.

Enjoy amenities such as; Venue Space, Business Center, Free Wi-Fi, and Free Parking. Additionally, a complimentary breakfast buffet, as well as the seasonal outdoor pool or jacuzzi.

Investment Highlights

  • Formula Blue 2.0 PIP completed Oct 2023
  • $2.5M in Capex Renovations + Solar Panels
  • Hotel averaged 9.8% RevPar growth last 3 years
  • Located I-5 between Los Angeles and Bakersfield (85,000 VHD)
  • Near $600M Hard Rock Casino Tejon & Hard Rock Live Concert (Opening Dec 2025)

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s) CA: 01238010

    California

Financing By

Hotel-Motel

Holiday Inn Express & Suites Frazier Park

Listing Price: $13,750,000

Cap Rate
7.00%
Number of Rooms
77
RevPAR
$91
Gross SF
27,870
Price/Room
$178,571
RRM
5.10
Price/Gross SF
$493.36
Year Built
2009

Investment Highlights

  • Formula Blue 2.0 PIP completed Oct 2023
  • $2.5M in Capex Renovations + Solar Panels
  • Hotel averaged 9.8% RevPar growth last 3 years
  • Located I-5 between Los Angeles and Bakersfield (85,000 VHD)
  • Near $600M Hard Rock Casino Tejon & Hard Rock Live Concert (Opening Dec 2025)

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale of the Holiday Inn Express & Suites in Lebec, California. This property is a 4-story, interior corridor hotel with 77 rooms, conveniently located in close proximity to Interstate-5, with easy access to the property for transient travelers, which sees 85,000 VPD. Nestled between Los Angeles and Bakersfield, close to Tejon Ranch, our October 2023 renovated Holiday Inn Express & Suites Frazier Park sits in charming Lebec and offers easy access to local attractions. Hike Los Padres National Forest or Hungry Valley. Stargaze at Mt. Pinos and snowshoe in Frazier Park. Attend annual events like the Mountain Shakespeare Festival, Fiesta Days, and Civil War Enactments. Enjoy amenities such as; Venue Space, Business Center, Free Wi-Fi, and Free Parking. Additionally, a complimentary breakfast buffet, as well as the seasonal outdoor pool or jacuzzi.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s): CA: 01238010

    California

Financing By

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