821 Golden State Ave - Hospitality FOR SALE


Bakersfield, CA 93301- Downtown Bakersfield
$999,000 USD
805-704-0334
821 Golden State Ave, Bakersfield, CA for Sale
$999,000 USD
Hospitality - FOR SALE
1/22
null | 8.17% Cap Rate

821 Golden State Ave
Bakersfield, CA 93301
Downtown Bakersfield


HIGHLIGHTS

  • Consistent Occupancy
  • Downtown Location

OVERVIEW

EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire The Park Motel, a well-located hospitality asset in Bakersfield, CA. Situated along a high traffic corridor, this 15-key, 4,500-square-foot motel sits on a 0.23-acre lot, offering strong visibility and accessibility in a growing Central Valley market. Guests benefit from convenient access to local attractions, dining, and entertainment, while Bakersfield’s robust economy—driven by agriculture, oil, and transportation—further enhances the investment potential of The Park Motel.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$229 USD /SF

# OF ROOMS

15

PRICE/ROOM

$66,600 {currency}

CAP RATE

8.17%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1938

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C

APN/PARCEL ID

005-151-05-00-1

ASK ABOUT THIS PROPERTY

Aaron GravesEverlyGroveMore Info
805-704-0334

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Aaron GravesEverlyGroveMore Info
805-704-0334

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