3901 S Chester Ave - Hospitality FOR SALE


Bakersfield, CA 93307- Rexland Acres | 
$749,000 USD
661-717-2973
3901 S Chester Ave, Bakersfield, CA for Sale
$749,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

3901 S Chester Ave
Bakersfield, CA 93307
Rexland Acres


HIGHLIGHTS

  • Immediate Cash Flow with flexible month-to-month tenants.
  • Significant Utility Savings: Features a large, fully paid-off rooftop solar panel system
  • Diverse Unit Mix: 12 total units including 10 Studios, (1) 1-Bedroom, and (1) 2-Bedroom.
  • Expansion Potential: Adjacent commercial land available for $349,000, offering immense development upside.
  • Strategic Location: High visibility, ample off-street parking, and easy access to major roadways and transit corridors.
  • Seller/owner financing available with large down payment.

OVERVIEW

Motel & Commercial Land Opportunity | Strong Cash Flow | Owner Financing Available Property Overview Presenting a highly lucrative, turn-key investment opportunity located at 3901 S Chester Ave in Bakersfield, CA. This unique offering features a fully leased, revenue-generating motel property alongside a strategically positioned adjacent commercial lot. This asset is a cash-flowing powerhouse, boasting a diverse 12-unit mix consisting of 10 studios, one 1-bedroom unit, and one 2-bedroom unit. All units are occupied on month-to-month leases, providing a new owner with immediate rental income and the flexibility to adjust rates to current market value. One of the most significant value-add features of this property is the fully paid, large-scale rooftop solar panel system, which drastically reduces utility overhead and maximizes net operating income (NOI). Situated in a highly visible location with close proximity to major Central Valley roadways, the property offers ample off-street parking and easy access for tenants. Expansion Potential: Adjacent commercial land available for $349,000, offering immense development upside. Owner financing is available, making this a rare and accessible opportunity for the right investor looking to expand their portfolio with a stable, income-producing asset.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$191 USD /SF

# OF ROOMS

12

PRICE/ROOM

$62,417 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel & Commercial Land Opportunity

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1947

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C-2

APN/PARCEL ID

025-050-35-00-8

ASK ABOUT THIS PROPERTY

Umit IsterIster & Associates Real Estate GroupMore Info
661-717-2973

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Umit IsterIster & Associates Real Estate GroupMore Info
661-717-2973

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