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Hotel-Motel

Comfort Suites Bakersfield

3115 Camino Del Rio Ct, Bakersfield, CA 93308

Listing Price: $8,400,000

Cap Rate
6.92%
Number of Rooms
56
RevPAR
$84
Gross SF
22,651
Price/Room
$150,000
RRM
4.68
Price/Gross SF
$370.84
Year Built
2002

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire the fee-simple interest in the 56 room interior corridor, three-story hotel located in central California. Built in 2002 with wood frame, stucco exterior, and tile roof, the property is located in the strongest hotel cluster of Bakersfield. Positioned right off the CA Highway 99 and Rosedale Highway 58, located off Camino Del Rio Ct. Bakersfield serves as a mid point for travelers with destinations to San Francisco and Los Angeles. The property also greatly benefits from various leisure and entertainment venues along with a number of corporate demand generators in the surrounding area. Recreational amenities at the hotel include an on-site fitness center as well as a fully equipped business center. The hotel offers meeting space and high speed wireless internet access throughout the common space and in the guest rooms. The Hotel is being sold and enhanced by the Choice Hotel brand affiliation and unencumbered of management, offering complete operational flexibility and upside potential for a new owner.

Investment Highlights

  • Located at a major stopping-point between Los Angeles and San Francisco.
  • High speed internet as well as premium cable TV in all guest rooms.
  • On-site fitness center as well as a fully equipped business center.

Exclusively Listed By

Financing By

Listing Price: $8,400,000

Cap Rate
6.92%
Number of Rooms
56
RevPAR
$84
Gross SF
22,651
Price/Room
$150,000
RRM
4.68
Price/Gross SF
$370.84
Year Built
2002

Investment Highlights

  • Located at a major stopping-point between Los Angeles and San Francisco.
  • High speed internet as well as premium cable TV in all guest rooms.
  • On-site fitness center as well as a fully equipped business center.

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire the fee-simple interest in the 56 room interior corridor, three-story hotel located in central California. Built in 2002 with wood frame, stucco exterior, and tile roof, the property is located in the strongest hotel cluster of Bakersfield. Positioned right off the CA Highway 99 and Rosedale Highway 58, located off Camino Del Rio Ct. Bakersfield serves as a mid point for travelers with destinations to San Francisco and Los Angeles. The property also greatly benefits from various leisure and entertainment venues along with a number of corporate demand generators in the surrounding area. Recreational amenities at the hotel include an on-site fitness center as well as a fully equipped business center. The hotel offers meeting space and high speed wireless internet access throughout the common space and in the guest rooms. The Hotel is being sold and enhanced by the Choice Hotel brand affiliation and unencumbered of management, offering complete operational flexibility and upside potential for a new owner.

Exclusively Listed By

Financing By

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