908 Union Avenue

    Bakersfield, CA 93307
    • $1,350,000
    • STATUS: Active
    • ON SITE: 117 days
    • ID#: 21904783
    $1,350,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    41
    Type:
    Commercial
    Built:
    1958
    County:
    Area:
    41

    School Ratings & Info

    Description

    The Gateway Inn a two-story independent motel located in Bakersfield, California. The hotel consists of 38 exterior corridor rooms with excellent visibility from busy Union Ave. The hotel includes a 1 bedroom, 1 bathroom managers apartment, 34 single bed rooms and 4 larger rooms for double beds. Each guest room is equipped with a bed, dresser and television. The sale includes the vacant 13,740 square foot, C-2, commercial zoned parcel directly next to the motel giving the opportunity for the new buyer to expand the motel or develop a gas station or market. The Gateway Inn represents the unique opportunity to acquire an independent motel in the fast growing city of Bakersfield under $36,000 a unit.

    Monthly Payment Calculator

    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2019. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Watson Realty Era or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2019-08-19T23:31:51.91.
    www.kerncountyhouse.com/homes/94008973

    908 Union Avenue Bakersfield, CA 93307

    • Price: $1,350,000
    • Status: Active
    • ID#: 21904783
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    1958
    Built
    Neighborhood:
    41
    County:
    Kern
    Area:
    41
    Property Description
    The Gateway Inn a two-story independent motel located in Bakersfield, California. The hotel consists of 38 exterior corridor rooms with excellent visibility from busy Union Ave. The hotel includes a 1 bedroom, 1 bathroom managers apartment, 34 single bed rooms and 4 larger rooms for double beds. Each guest room is equipped with a bed, dresser and television. The sale includes the vacant 13,740 square foot, C-2, commercial zoned parcel directly next to the motel giving the opportunity for the new buyer to expand the motel or develop a gas station or market. The Gateway Inn represents the unique opportunity to acquire an independent motel in the fast growing city of Bakersfield under $36,000 a unit.
    Property Features

    Annual Gross Income 1.00 Annual Net Income 1.00 Cap Rate 1 Commercial Type Commercial Current Use Motel Total Annual Expense 1.00 Zone C-2

    Listing courtesy of William Chicas of Watson Realty Era.
    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2019. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Watson Realty Era or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2019-08-19T23:31:51.91.
     
    Infinity Real Estate Services
    9201 Camino Media, Suite #100
    Bakersfield CA, 93311