3001 Buck Owens Blvd., Bakersfield, CA
Hotel for Sale - $10,500,000 - 60,000 Sq. Ft. on 1.42 acres
Property Info
| CIMLS# | 696518 |
| Location 3001 Buck Owens Blvd. Bakersfield CA 93308 | |
| Updated | February 12th, 2014 |
| Type | Hotel |
| Price | $10,500,000 |
| Building | 60,000 Sq. Ft. |
| Land | 1.42 acres |
Property Description
The Holiday Inn Express & Suites Central is located adjacent to California State Highway 99, just minutes from downtown Bakersfield CBD, the convention center, and Bakersfield Meadows Fields Airport. Built in 2007, the hotel features 4 stories with 90 guestrooms, a breakfast bar and lounge, business center, fitness room, two meeting rooms, a pool, and many other amenities.
The hotel has been impeccably maintained both inside and out and continues to produce strong revenues. The ADR is up more than 21% since 2011.
DRIVE BY ONLY! PLEASE DO NOT VISIT HOTEL OR DISTURB MANAGEMENT! BY APPOINTMENT ONLY 661-747-0731
Trahan Properties Commercial Real Estate
11000 Brimhall Rd., Ste. E-11
Bakersfield, CA 93312
DRE# 01339021
661-747-0731 phone
661-215-5158 fax
Financials
Price per Key $116,666
Cap rate 10.28%
Seller is motivated!
For more information on this property please contact Shelly Trahan
Trahan Properties Commercial Real Estate
661-747-0731 phone
DRE#01333472