Park Motel 821 Golden State Ave 15 Room Hotel Bakersfield, CA 93301 $899,000 ($59,933/Room) 9.08% Cap Rate

Marcus & Millichap 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.
Marcus and Millichap has been selectively chosen to represent the sale of the Park Motel in the heart of Downtown, Bakersfield. The Park Motel's
long history has proven how profitable this property’s location can be and you know what they say about location... Strategically located on a
busy thoroughfare, adjacent to downtown and the trendy shops and restaurants of Mill Creek. This well-situated location is perhaps why The
Park grossed well over $150k in recent years! This is a (turnkey) property and present management will continue if selected(but does not have to).