Listed by Hotel Brokers Of America, Hotel Brokers Inc
$8,500,000
La Quinta Inn & Suites - Bakersfield, CA
Details
APN 492-200-19-00-1
Property Type Hospitality
Sub Type Hotel
Keys 65
Cap Rate 7.34%
Occupancy 84.64%
Pro-Forma Cap Rate 8.06%
Year Built 2006
Year Renovated 2016
Buildings 1
Stories 3
Acreage 2.170
Zoning M-2
Del Sol Renovation Complete | 65 Keys | Motivated Seller
Marketing description
We are excited to present a high-performing, airport-adjacent asset with strong fundamentals and consistent demand: La Quinta Inn & Suites – Bakersfield Airport with a minimal PIP of $100,000.
This IHG-affiliated property delivers a compelling investment profile, anchored by an exceptional historical occupancy above 80% and a prime location next to Bakersfield Municipal Airport, which is undergoing a major expansion. With a proven track record of performance, room for ADR improvement, and interest rates trending downward, this is an excellent opportunity for buyers to secure a stabilized, high-demand asset.
Investment highlights
- Total Revenue: $ $2,287,911
- ADR: $110.12
- Occupancy: 84.64%
- RevPAR: $93.21
- High Barriers to Entry: Airport zoning and development restrictions
- Stabilized performer: Occupancy consistently above 80%
Listing Contacts
Listed by Hotel Brokers Of America, Hotel Brokers Inc
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