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5200 Olive Tree Ct Bakersfield, CA 93308

100-Key Motel, High Potential, CA

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional value-add opportunity presents a 100-key motel ideally situated in Bakersfield, California. The property, known as the Best Economy Inn, boasts a substantial 30,468 square feet of building space spread across three, two-story buildings, all situated on a generous 69,260 square foot lot. Built in 1981, the motel is zoned C2, offering potential for various redevelopment or expansion options. The property's current configuration includes 100 keys, providing a solid foundation for immediate income generation and future growth. The location at 5200 Olive Tree Ct, Bakersfield, CA 93308, within Kern County, offers convenient access to local amenities and transportation routes. This represents a significant opportunity for investors seeking to capitalize on the strong hospitality market in Bakersfield. The motivated seller invites all offers, making this a compelling investment prospect for those with a vision for enhancing and maximizing the property's potential. The property's size and zoning provide flexibility for future development plans, allowing for creative approaches to increase revenue and profitability. This is a rare chance to acquire a well-located, established motel with significant upside potential. Serious inquiries are encouraged.

Highlights

  • 100-key motel in Bakersfield, CA.
  • Value-add investment opportunity.
  • 30,468 square feet on a 69,260 square foot lot.
  • Three buildings, two stories each, built in 1981.
  • C2 zoning.
  • Motivated seller.

Property Details for 5200 Olive Tree Ct

Property type
Hospitality properties, Motels
Square Feet
30,468 SF
Year Built
1981
Buildings
3
Stories
2

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.4158922
Longitude
-119.0607207

FAQs

What type of property is this?
Hospitality property - 100-Key Motel, High Potential, CA
Where is the hospitality property located?
The property is located at 5200 Olive Tree Ct Bakersfield, CA.
What are key features of this property?
This property features: 100-key motel in Bakersfield, CA.; Value-add investment opportunity.; 30,468 square feet on a 69,260 square foot lot.
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5200 Olive Tree Ct
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