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Country Inn & Suites by Radisson 2310 Wible Rd

66 Room Hotel Bakersfield, CA 93304 $10,500,000 ($159,091/Room)

Investment Highlights

  • Recently Renovated - 2023-2024, 68 Rooms for business hotel
  • Business Center with Internet Access, Meeting rooms, Meeting Event Space.
  • Hot tub Outdoor pool with Jacuzzi, Outdoor Fireplace.
  • Conveniently located near business district, Easy Access to Freeway
  • Fitness Center with Gym / Workout Room.
  • On-Site full Bar and Restaurant, Fully-Equipped Kitchen..

Executive Summary

Country Inn & Suites by Radisson, Bakersfield, CA
A stunning hotel in Bakersfield with 68 rooms and suites spread across three floors, originally built in 1989 and recently renovated. This property offers a range of premium amenities, including a fitness center, an onsite restaurant and bar, and conference rooms for business needs. Guests can also enjoy a lounge for social gatherings, an outdoor swimming pool with a Jacuzzi, an outdoor fireplace, private parking, a shared lounge area, and a terrace.
Conveniently located, the hotel is just minutes from the Kern County Fairgrounds and the Rabobank Arena, Theater & Convention Center, right in the heart of Bakersfield. About 3.8 miles from Buck Owens' Crystal Palace and within a 5-minute drive of Valley Plaza Mall and Camelot Park. The Golden West Casino and Unity Church are also just 3 miles away. Meadows Field Airport is conveniently located about 8 miles from the hotel, with easy access to highways CA-99 and 58.

Property Facts Under Contract

Price $10,500,000
Price Per Room $159,091
Sale Type Investment
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 1.09 AC
Building Size 38,601 SF
No. Rooms 66
No. Stories 3
Year Built/Renovated 1989/2024
Tenancy Single
Parking Ratio 2.05/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Outdoor Pool
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 66 $137.00 -
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 023-050-39-00-6
  • 023-050-40-00-8
Land Assessment
$705,703
Improvements Assessment
$3,169,147
Total Assessment
$3,874,850

zoning

Zoning Code C-2 (Regional Commercial)
C-2 (Regional Commercial)
  • Listing ID: 32687871

  • Date on Market: 8/4/2024

  • Last Updated:

  • Address: 2310 Wible Rd, Bakersfield, CA 93304

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