Star-Liter Motor Hotel 900 S Union Ave 29 Room Hotel Bakersfield, CA 93307 $2,399,999 ($82,759/Room) 10.42% Cap Rate

Owner managed and run since 1990, reap rewards of their hard work they've put to keep this business afloat, profitable and a staple in the area for decades. This is a Prime investment opportunity in the busy hospitality area of Bakersfield with an estimated yearly gross revenue of $250,000+. Welcome to the Star-Liter Motel! A Bakersfield original serving locals, travelers & visitors for decades. This 29 room motel on a 1.15 acre lot, is conveniently located near the Golden West Casino, weekly outdoor swap meet, Kern County Fair which attended by over 300,000 people every year and public transportation ensuring steady stream of guests year round. Motel is a 1 story, with mix of double bed and single bed rooms. Property features welcoming guest check-in area, office area, 2 bedroom 1 bath apartment for on site manager/owner to comfortably live in. There is also a separate spacious area for on site laundry facility. This project can generate promising returns and a business deemed for success. Seller will consider seller carry. Contact listing agent for details.