Description
Profitable and upgraded 15 unit motel near downtown Bakersfield with a cap rate of 10.4%! Very easy to manage. Daily & weekly guests with local social programs contributing to filling the rooms. Spacious live-in 2 bd manager unit on the second floor. Nice grass courtyard for the guests to enjoy bbq's or have somewhere to socialize. Coin op laundry and income from snack sales add to the benefits of owning this historic motel in the growing community of Bakersfield. Microwave and mini fridge in every room, 3 large suites, cctv system, wifi and cable, separate private new washer and dryer for the motel operation.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Profitable and upgraded 15 unit motel near downtown Bakersfield with a cap rate of 10.4%! Very easy to manage. Daily & weekly guests with local social programs contributing to filling the rooms. Spacious live-in 2 bd manager unit on the second floor. Nice grass courtyard for the guests to enjoy bbq's or have somewhere to socialize. Coin op laundry and income from snack sales add to the benefits of owning this historic motel in the growing community of Bakersfield. Microwave and mini fridge in every room, 3 large suites, cctv system, wifi and cable, separate private new washer and dryer for the motel operation.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.