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Park Motel 821 Golden State Ave 15 Room Hotel Bakersfield, CA 93301 $999,000 ($66,600/Room) 8.17% Cap Rate
INVESTMENT HIGHLIGHTS
- Consistent Occupancy
- Downtown Location
EXECUTIVE SUMMARY
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.
enhances the investment potential of The Park Motel.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $999,000 | Building Size | 4,357 SF |
| Price Per Room | $66,600 | No. Rooms | 15 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.17% | Year Built/Renovated | 1938/2019 |
| Property Type | Hospitality | Parking Ratio | 3.67/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.23 AC | ||
| Zoning | C - Commercial | ||
| Price | $999,000 |
| Price Per Room | $66,600 |
| Sale Type | Investment |
| Cap Rate | 8.17% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,357 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built/Renovated | 1938/2019 |
| Parking Ratio | 3.67/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 15 | $70.00 | - |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 005-151-05-00-1 | Total Assessment | $882,532 (2025) |
| Land Assessment | $226,440 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $656,092 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
005-151-05-00-1
Land Assessment
$226,440 (2025)
Improvements Assessment
$656,092 (2025)
Total Assessment
$882,532 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Park Motel | 821 Golden State Ave
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