Welcome to Country Inn Motel! A Bakersfield original serving locals, travelers & visitors since 1960. This 62 room motel on a 1.64 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… Read More ensuring steady stream of guests year round. Motel is a 1 story, with mix of double bed, single bed, and suites. Property also consists of a separate welcoming reception area /reservation desk, 2 bedroom apartment for on site manager/owner to comfortable live in and laundry facilities. Also included in the sale next door is another building, which is currently being operated and leased as a Medical Office generating $6,000 a month in rental income. Sale also includes paid off solar panels that power the on site electric water heater system, that provides hot water to the entire property. This project can generate promising returns and a business deemed for success. Read Less
Courtesy of Moiz Lakdawala, Keller Williams Realty 152517317
Listing Snapshot
Days Online
155
Last Updated
Property Type
Commercial
Square Ft.
20,425
Lot Size
1.64 Acres
Year Built
1960
MLS Number
202405558
30 Days Snapshot Of 93307
$316k
0%
(avg) sold price
27
+12%
homes sold
64
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1960, 20,425 square feet
Property
Property type: Commercial / Ind., Property subtype: Commercial, Current use: Motel/Hospitality and Medical Office
Lot
1.64 acres, Lot is 71,438 square feet
Miscellaneous
Annual gross income: $550,000, Annual net income: $250,000, Total annual expense: $300,000
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