828 Real Rd - Hospitality FOR SALE


Bakersfield, CA 93309- Park Stockdale
$6,500,000 USD
661-631-3825
828 Real Rd, Bakersfield, CA for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

828 Real Rd
Bakersfield, CA 93309
Park Stockdale


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.

OVERVIEW

As the exclusive representative of the seller, Colliers is pleased to present for sale to qualified investors the Ramada by Wyndham Bakersfield North (the “Hotel” or “Property”), a well-located, 80-key, limited service hotel in Bakersfield, California. This Wyndham-branded asset is being offered at $6,500,000, or approximately $81,250 per key — representing a rare value-add opportunity in a growing Central Valley market with solid operating fundamentals and long-term demand drivers. The Hotel is located at 828 Real Road, just off Highway 99, a major north-south California corridor that sees significant daily traffic volume and provides direct access to downtown Bakersfield and surrounding business centers. This highly visible four-story asset is minutes from Meadows Field Airport (BFL), major event venues like Rabobank Arena, and key cultural and educational institutions, including California State University, Bakersfield. Property amenities include a breakfast area, outdoor pool, fitness center, meeting space, business center, pet-friendly accommodations, and free high-speed internet throughout. The guestroom mix features 47 King rooms, 29 Queen rooms, and 4 ADA-compliant rooms, with select rooms offering separate living or dining areas and Jacuzzi tubs.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$142 USD /SF

# OF ROOMS

80

PRICE/ROOM

$81,250 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada Bakersfield North

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1993

PARKING SPACES

129

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C-2

APN/PARCEL ID

020-110-23-00-5

ASK ABOUT THIS PROPERTY

Kal PatelColliersMore Info
661-631-3825

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

Kal PatelColliersMore Info
661-631-3825

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