8858 Spectrum Park Way - Hospitality FOR SALE


Bakersfield, CA 93308- Outer NW Bakersfield
$10,500,000 USD
661-978-3109
8858 Spectrum Park Way, Bakersfield, CA for Sale
$10,500,000 USD
Hospitality - FOR SALE
1/29
null | 6.13% Cap Rate

8858 Spectrum Park Way
Bakersfield, CA 93308
Outer NW Bakersfield


HIGHLIGHTS

  • Customers #1 midscale choice at Bakersfield airport
  • Minimal PIP requirement 
  • Historical occupancy consistently above 80%
  • Airport zoning and development restrictions provide high barriers to entry
  • Strong reservation and loyalty capture with Wyndham

OVERVIEW

Hotel Brokers of America is pleased to present the La Quinta Inn & Suites – Bakersfield Airport, a turnkey 65 room limited-service hotel strategically located adjacent to Bakersfield Municipal Airport, currently undergoing a major expansion. This stabilized, high-performing property offers investors both strong in-place cash flow and long-term upside potential, making it an attractive opportunity in one of California’s fastest-growing secondary markets.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$287 USD /SF

# OF ROOMS

65

PRICE/ROOM

$161,538 {currency}

CAP RATE

6.13%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inn & Suites Bakersfield North

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

102

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

M-2

APN/PARCEL ID

492-200-19-00-1

ASK ABOUT THIS PROPERTY

Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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