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Country Inn Motel 1010 S Union Ave 62 Room Hotel Bakersfield, CA 93307 $2,899,999 ($46,774/Room) 8.62% Cap Rate

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INVESTMENT HIGHLIGHTS

Busy street with ideal location for motel
Close to Kern County Fair Ground Event Center
Public bus stop is right outside the main entrance of the motel for easy access to public transportation

Close to casino and swap meet (3 days a week)
Property has potential for a switch to senior care or health care center

EXECUTIVE SUMMARY

Prime Investment opportunity in a value add motel. Welcome to Country Inn Motel! A Bakersfield original serving locals, travelers & visitors since 1960. This 62 room motel on a 1.64 acre lot, is conveniently located near the Golden West Casino, weekly outdoor swap meet, Kern County Fair which attended by over 300,000 people every year and public transportation ensuring steady stream of guests year round. Motel is a 1 story, with mix of double bed, single bed, and suites. Property also consists of a separate welcoming reception area /reservation desk, 2 bedroom apartment for on site manager/owner to comfortable live in and laundry facilities. Also included in the sale next door is another building, which is currently being operated and leased as a Medical Office generating $6,000 a month in rental income. Sale also includes paid off solar panels that power the on site electric water heater system, that provides hot water to the entire property. This project can generate promising returns and a business deemed for success.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access	ANNUAL	ANNUAL PER SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

PROPERTY FACTS In Escrow

Price	$2,899,999	Building Size	20,425 SF
Price Per Room	$46,774	No. Rooms	62
Sale Type	Investment	No. Stories	1
Cap Rate	8.62%	Year Built	1960
Sale Conditions	Distress Sale Business Value Included	Tenancy	Single
Property Type	Hospitality	Parking Ratio	1.31/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.64 AC
Zoning	C-2 - Zoning: C-2 Current Use: (Motel/Hospitality and Medical Office)

Price	$2,899,999
Price Per Room	$46,774
Sale Type	Investment
Cap Rate	8.62%
Sale Conditions	Distress Sale Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	1.64 AC
Building Size	20,425 SF
No. Rooms	62
No. Stories	1
Year Built	1960
Tenancy	Single
Parking Ratio	1.31/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-2 - Zoning: C-2 Current Use: (Motel/Hospitality and Medical Office)

High Speed Internet Access

Public Access Wifi

ABOUT 1010 S UNION AVE , BAKERSFIELD, CA 93307

62 room motel (includes 2 suites) on a 1.64 acre lot, conveniently located near the Golden West Casino, weekly outdoor swap meet, Kern County Fair which attended by over 300,000 people every year and public transportation ensuring steady stream of guests year round. Motel is a 1 story, with mix of double bed, single bed, and suites. Property also consists of a separate welcoming reception area /reservation desk, 2 bedroom apartment for on site manager/owner to comfortable live in and laundry facilities. Also included in the sale next door is another building, which is currently being operated and leased as a Medical Office generating $6,000 a month in rental income. Sale also includes paid off solar panels that power the on site electric water heater system, that provides hot water to the entire property. Motel is currently non-operational as it requires some electrical and structural work needed based on the changes requested by the city, due to a fire that happened in summer of 2023 at the mote. Owner has plans and permits already approved and paid for with the city. Approved plans and permits can be provided for review upon request.