Address Not Available By Request

    Bakersfield, CA 93308
    • $12,995,000
    • STATUS: Active
    • ON SITE: 258 days
    • MLS #: 21706423
    UPDATED: 69 min ago
    $12,995,000
    • 0
      BEDS
    • 1.97
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 59,821
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    21
    Type:
    Commercial
    Built:
    2007
    County:
    Area:
    21

    School Ratings & Info

    Description

    High profit producing Holiday Inn Express conveniently located next to 99 fwy, right in the heart of Bakersfield, next to renowned historic building of Buck Owen's Crystal Palace. Custom made interior design, fully upgraded with granite counter tops & exclusive appliances throughout all 90 rooms. Sold out throughout the year with sales exceeding $2,600,000 annual gross income. Experience this extravagant property first hand! This one of a kind investment opportunity will captivate any investor looking to expand portfolio with a high producing net income.

    Monthly Payment Calculator

    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2018. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
    www.mmandassociates.com/homes/73293401

    Address Not Available By Request Bakersfield, CA 93308

    • Price: $12,995,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 21706423
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.97
    Acres
    59,821
    SQFT
    $217
    $/SQFT
    2007
    Built
    Neighborhood:
    21
    County:
    Kern
    Area:
    21
    Property Description
    High profit producing Holiday Inn Express conveniently located next to 99 fwy, right in the heart of Bakersfield, next to renowned historic building of Buck Owen's Crystal Palace. Custom made interior design, fully upgraded with granite counter tops & exclusive appliances throughout all 90 rooms. Sold out throughout the year with sales exceeding $2,600,000 annual gross income. Experience this extravagant property first hand! This one of a kind investment opportunity will captivate any investor looking to expand portfolio with a high producing net income.
    Property Features

    Annual Gross Income 2600000.00 Annual Net Income 1.00 Cap Rate 7.70 Commercial Type Commercial Current Use Hotel/Hospitality Total Annual Expense 1.00 Zone Commercial

    Listing courtesy of Bhupinder Behniwal of Century 21 Tobias Real Estate.
    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2018. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
    MM and Associates with ReMax Golden Empire
    3955 Coffee Rd
    Bakersfield CA, 93308