8818 Spectrum Park Way Bakersfield, CA 93308

This exceptional investment opportunity presents a 94-key Hampton Inn & Suites by Hilton, located at 8818 Spectrum Park Way, Bakersfield, CA 93308. The property, built in 2008 and renovated in 2017, boasts 62,536 square feet on a 2.11-acre lot. The four-story building offers numerous amenities including a complimentary breakfast, electric vehicle charging stations, an outdoor pool, fitness center, business center, and meeting space. Positioned near Meadows Field Airport and major highways, this hotel benefits from a strategic location attracting both business and leisure travelers. The strong financial performance is evidenced by a 2022 Net Operating Income (NOI) of $1,187,000 and an 8.48% capitalization rate. The asking price is $13,999,000. The property is zoned M-2 and features the established Hilton brand, ensuring strong customer loyalty and market presence within Bakersfield's growing economy. This represents a compelling opportunity for investors seeking a stabilized hospitality asset with significant upside potential in a thriving California market. The property's APN is 492-200-20-00-3. This is a franchise ownership.