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Property Detail

2310 Wible Rd, Bakersfield, CA 93304, USA
Upper Tier 'Iconic Hotel' in Bakersfield, California.
$10,980,000

Description

INVESTMENT HIGHLIGHTS

  • Upper Tier 'Iconic Hotel' in Bakersfield, California.
  •  
  • Tesla Charging Carport and ample parkings
  •  
  • Electricity Generating Solar Panels and an LED waterfall
  • Has a full Bar with Beer & Wine Licence
  •  
  • Extensive interior and exterior remodeling in 2016
  •  
  • A 67 Rooms all Suite Hotel

EXECUTIVE SUMMARY

Address: 2310 Wible Road, Bakersfield, CA 93304.
It's a 3 Story interior Corridor - Upper Tier 'Iconic Hotel'.
Price leader in Bakersfield, built and established in 1989
It is a 67 Room all Suite Hotel (Total 134 rooms)
It also has a full Bar with Beer & Wine License
Equipped with Tesla Charging Carport and ample Parking including large vehicle parkings.
The Hotel went through extensive interior and exterior remodeling in 2016 including complete regutting of all rooms and bathrooms with new equipment and decor and furniture involving a P.I.P of 3.5 Million
In addition the Electricity Generating Solar Panels and an LED waterfall was installed in 2016 to make the hotel completely 'Green' and attractive.
The City of Bakersfield CA planning department has approved all drawings for addition of 164 kWh carport solar in addition to current 42.5 KWH carport solar we have .. which will be 200kwh total eliminating all PGE for 80k to 100k towards my NOI to pay debt for the new buyer total cost of $400K
Recently replaced all hotel carpets for $100k and silicon quoted the roof for $45k completed this year.
 

AMENITIES

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

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite66$117.00-

 

PROPERTY TAXES

 

Jennette Phillips Toderick

+1 310-793-3338

Mobile +1 310-418-6318

Specification

General

  • 38601
  • 1.0900
  • Investment
  • C-2 (Regional Commercial)
  • 1989
  • 2016
  • 66

Hospitality

Country Inn & Suites Bakersfield

Listing ID : 00176

SKU: 176

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