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8858 Spectrum Park WayBakersfield, CA 93308
La Quinta Bakersfield North, CA
Asset ClassHotel & Hospitality
Deal Size$8.5 M
overview of deal

Overview

Hotel Brokers of America is pleased to offer, on an exclusive basis, the opportunity to acquire this 65-room La Quinta by Wyndham (“Property” or “Hotel”), prominently located in Bakersfield, CA. This hotel puts you just minutes north of downtown Bakersfield, giving you easy access to the Buena Vista Museum of Natural History, the Bakersfield Museum of Art, and the Fox Theater. Our welcoming hotel is also perfect for business travelers, located just minutes from the Rabobank Arena, Theater, and Convention Center. The Meadows Field Airport (BFL) is also nearby.

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Investment Highlights

# Keys
65
# Stories
3
Cap Rate
7.34%
Deal Size
$8.5 M
Net Operating Income
$699 Thousand
Occupancy
84.64%
Square Feet
36,642
Year Built
2006
Year Renovated
2016

ADR: $110.12

Revenue: $2,287,911

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8858 Spectrum Park WayBakersfield, CA 93308
Meadows Field Airport
California State University Bakersfield
Sun World Inc.
KS Industries LP-K S

Sales Team

Jessica ParadezBroker

License #: CA DRE #0177220 | TREC Lic# 845134

661-436-3220Jessica@HBofAmerica.com
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