828 Real Rd - Hospitality FOR SALE
Bakersfield, CA 93309 |
828 Real Rd
Bakersfield, CA 93309
HIGHLIGHTS
- Location: 80-room, 4-story interior corridor hotel located off Highway 99, which sees nearly 157,000 VPD.
- Competitive Price Per Key: $81,250.
- Attractive GRM: Under a 4x multiplier in California.
- Minimal PIP Required: Property needs only minor improvements to meet brand standards.
- Operational Upside: Currently operated under absentee ownership, presenting an excellent opportunity for an owner-operator to significantly increase
- Rebranding Potential: Multiple brand conversion opportunities available to enhance market positioning and revenue.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Ramada Bakersfield North
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
45771
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1993
PARKING SPACES
108
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-2
APN/PARCEL ID
020-110-23-00-5
