2565 Commerce Pky - Hospitality FOR SALE


Barstow, CA 92311
$7,950,000 USD
909-456-3481
2565 Commerce Pky, Barstow, CA for Sale
$7,950,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

2565 Commerce Pky
Barstow, CA 92311


HIGHLIGHTS

  • 2024 TripAdvisor Travelers' Choice Award Recipient
  • Excellent Guest Reviews
  • Conveniently Located off of Interstates 40 & 15, State Route 58 and Historic Route 66
  • Short Drive to The Outlets at Barstow and Food Outlets
  • BNSF Railway Plans to Invest $1.5 Billion in a Cutting-Edge Rail Facility in Barstow
  • Barstow is Located in a Major Trucking and Tour Bus Route with Additional Demand Drivers

OVERVIEW

Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale the Newer Built Best Western Plus Barstow Inn & Suites, a three-story, interior corridor hotel conveniently located off of Interstate 15 in Barstow, California. 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 has strong demand drivers like government, corporate, railroad, freeway traffic, infrastructure related, in a year-round market. The property consist of 63 interior-corridor guest rooms, a meeting room, fitness center, business center, sundry shop, guest laundry facilities, and an outdoor pool & spa. 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 Newer Best Western Plus Barstow Inn & Suites represents an 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.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$240 USD /SF

# OF ROOMS

63

PRICE/ROOM

$126,190 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BW Plus New Barstow Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

C

APN/PARCEL ID

0421-313-63

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.