Motel 6
Hospitality | 109 Keys | $39,403/key
Marketing description
As the exclusive representative of the seller, Colliers is pleased to present for sale to qualified
investors the Motel 6 Airport (the "Hotel" or "Property"), a well-located, 109-key, limited-service hotel in Bakersfield, California. This Motel 6 is being offered at $4,295,000, or approximately $39,403 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 5241 Olive Tree Ct, just off Highway 99 at Olive Dr, a major north-south California corridor that sees significant daily traffic volume and provides direct access to downtown Bakersfield and surrounding business centers. This two-story asset is only 1 mile away from Meadows Field Airport (BFL), and minutes away major event venues like Rabobank Arena, and key cultural and educational institutions, including California State University, Bakersfield.
Property amenities include an outdoor pool, truck parking, vending machines, coin laundry, pet-friendly accommodations, and free high-speed internet throughout. The guestroom mixes features 49 Queen rooms, 53 double bedrooms, and 7 ADA-compliant rooms.
Investment highlights
- This property requires no Property Improvement Plan (PIP). The hotel underwent a full renovation in 2022. All guest rooms and common areas have been refreshed for a cleaner look. Buyers can step into a turnkey investment with no immediate capital needs.
- The Bakersfield market has emerged as a strong secondary hub in California's Central Valley, driven by logistics, agriculture, energy, and education. Employers in the region include Chevron, Dignity Health, Kern Medical Center, and major warehousing and distribution operations. The local economy is supported by a growing population base and consistent visitor traffic, both commercial and leisure.
- The Hotel is also favorably positioned within a short drive to The Marketplace at Seven Oaks, one of the city's premier shopping and dining destinations, as well as recreational landmarks such as Kern River and Buck Owens' Crystal Palace.
- A buyer with a strategic repositioning plan and effective marketing could further grow market share and increase both top-line performance and asset value. This is an excellent opportunity to acquire a economy branded asset with strong upside in a growing California market
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