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Ramada Bakersfield North 828 Real Rd 80 Room Hotel Bakersfield, CA 93309 $6,500,000 ($81,250/Room)

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INVESTMENT HIGHLIGHTS

  • Location: 80-room, 4-story interior corridor hotel located off Highway 99, which sees nearly 157,000 VPD.
  • Attractive GRM: Under a 4x multiplier in California.
  • Operational Upside: Currently operated under absentee ownership, presenting an excellent opportunity for an owner-operator to significantly increase
  • Competitive Price Per Key: $81,250.
  • Minimal PIP Required: Property needs only minor improvements to meet brand standards.
  • Rebranding Potential: Multiple brand conversion opportunities available to enhance market positioning and revenue.

EXECUTIVE SUMMARY

As the exclusive representative of the seller, Colliers is pleased to present for sale to qualified investors the Ramada by Wyndham Bakersfield North (the “Hotel” or “Property”), a well-located, 80-key, limited service hotel in Bakersfield, California.
This Wyndham-branded asset is being offered at $6,500,000, or approximately $81,250 per key — representing a rare value-add opportunity in a growing Central Valley market with solid operating fundamentals and long-term demand drivers.
The Hotel is located at 828 Real Road, just off Highway 99, a major north-south California corridor that sees significant daily traffic volume and provides direct access to downtown Bakersfield and surrounding business centers. This highly visible four-story asset is minutes from Meadows Field Airport (BFL), major event venues like Rabobank Arena, and key cultural and educational institutions, including California State University, Bakersfield.
Property amenities include a breakfast area, outdoor pool, fitness center, meeting space, business center, pet-friendly accommodations, and free high-speed internet throughout. The guestroom mix features 47 King rooms, 29 Queen rooms, and 4 ADA-compliant rooms, with select rooms offering separate living or dining areas and Jacuzzi tubs.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,500,000
Price Per Room $81,250
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.14 AC
Building Size 45,771 SF
No. Rooms 80
No. Stories 4
Year Built/Renovated 1993/2022
Parking Ratio 2.56/1,000 SF
Corridor Interior
Zoning C-2 - Hotel Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Spa
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 80 $149.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-110-23-00-5
Land Assessment
$1,017,485
Improvements Assessment
$6,268,051
Total Assessment
$7,285,536
  • Listing ID: 37233632

  • Date on Market: 4/8/2025

  • Last Updated:

  • Address: 828 Real Rd, Bakersfield, CA 93309

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