505 Union Avenue

    Bakersfield, CA 93307
    • $1,300,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: 21914147
    $1,300,000
    • 0
      BEDS
    • 0.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    52
    Type:
    Commercial
    Built:
    1956
    County:
    Area:
    52

    School Ratings & Info

    Description

    Great Opportunity to buy a Motel on Union. this Hotel has 34 Rooms and is a cash maker. the units have been well maintained, and the motel have had a lot of work done within the years. Owner currently was renting the entire Building . but there is no lease.

    Monthly Payment Calculator

    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2020. 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 Alliance Real Estate And Multi Services 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: 2020-02-18T23:31:40.493.
    www.kerncountyhome.com/homes/101733647

    505 Union Avenue Bakersfield, CA 93307

    • Price: $1,300,000
    • Status: Active
    • ID#: 21914147
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.7
    Acres
    1956
    Built
    Neighborhood:
    52
    County:
    Kern
    Area:
    52
    Property Description
    Great Opportunity to buy a Motel on Union. this Hotel has 34 Rooms and is a cash maker. the units have been well maintained, and the motel have had a lot of work done within the years. Owner currently was renting the entire Building . but there is no lease.
    Property Features

    Annual Gross Income 60000.00 Annual Net Income 45000.00 Cap Rate 4 Commercial Type Commercial Current Use Motel Total Annual Expense 15000.00 Zone C2

    Listing courtesy of Joy Gebarah of Alliance Real Estate And Multi Services.
    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2020. 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 Alliance Real Estate And Multi Services 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: 2020-02-18T23:31:40.493.
     
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