1350 Main StBarstow, CA 92311

Property Details for 1350 Main St

Year built

1966

Construction

WOOD FRAME

Lot size

0.61 AC

Property size (Sq ft)

14,900 SF

Property type

Motels

APN

0182-082-35-0000

APU

182082350000

Description

This exceptional investment opportunity presents the Motel 6 Barstow, situated at 1350 W Main St, Barstow, CA 92311. This well-maintained, 40-key motel boasts a 14,900 square foot building on a 0.61-acre lot. Completely renovated in 2021, the property offers significant upside potential. The asking price is $3,399,900, representing $84,998 per key and $228.18 per square foot. Strategically located near Interstate 15 and the iconic Route 66, the motel benefits from high visibility and convenient access to dining and shopping. Amenities include 24-hour access and air conditioning in all rooms. The two-story building features onsite manager quarters and a convenient 1:1 parking ratio. This turnkey operation is ideal for owner-operators seeking a profitable venture in a prime location with strong growth prospects. The property's location near major transportation routes and its recent renovation make it a compelling investment in the thriving Barstow, California market. This is a rare chance to acquire a well-established motel with a proven track record and significant future potential. The property's strong financials and prime location make it an attractive addition to any investment portfolio. Don't miss this opportunity to own a piece of Route 66 history.

• CAP approach

  CAP return

  Valuation

  6%

  $4,209,504

  6.5%

  $3,885,696

  7%

  $3,608,146

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,733,460

  Geo Method

  $6,658,452

• Alternative Use

  Use

  Valuation

  Residential

  $4,242,050

  Hospitality

  $3,885,696

  Educational

  $3,232,853

  Medical

  $3,344,036

  Retail

  $5,028,882

Location Insight

City

Barstow

County

San Bernardino

State

California

Latitude

34.8947

Longitude

-117.044

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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