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623 Sumner St
Bakersfield, CA 93305
Hotel Metropole · Hospitality Property For Sale
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28 Rooms
Executive Summary
Welcome to the Kern Town Motel! This charming 28 unit hotel with 7 storefronts is situated in the heart of Old Town Kern and is perfect for first-time hotel owner-operators or those looking for a redevelopment opportunity. Located in close proximity to several redevelopment projects in the city of Bakersfield, the Kern Town Motel is a fantastic investment opportunity. The property is also just a short drive away from iconic Bakersfield restaurants and only 5 minutes from downtown Bakersfield. Whether you're looking to start your own hospitality business or develop an exciting new project, the Kern Town Motel is the ideal location. With its prime location and endless possibilities, this property is not to be missed.
Property Facts
| Price Per Room | $89,286 | Building Size | 21,495 SF |
| Sale Type | Investment | No. Rooms | 28 |
| Cap Rate | 7.06% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1895 |
| Property Subtype | Hotel | Parking Ratio | 0.79/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.57 AC | ||
| Zoning | C2 - Commercial Retail | ||
| Price Per Room | $89,286 |
| Sale Type | Investment |
| Cap Rate | 7.06% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 21,495 SF |
| No. Rooms | 28 |
| No. Stories | 2 |
| Year Built | 1895 |
| Parking Ratio | 0.79/1,000 SF |
| Corridor | Interior |
| Zoning | C2 - Commercial Retail |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 28 | $64.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $584,917 | |
| Land Assessment | $104,659 | Total Assessment | $689,576 |
Property Taxes
Parcel Numbers
Land Assessment
$104,659
Improvements Assessment
$584,917
Total Assessment
$689,576
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