Best Western Liberty Inn  (ID: 78029)

Overview

Price: USD 4,980,000
Type: Hotels Under 100 Rooms
Location: Delano, California, United States
Year Built: 2001
Lot: 1 ACRES

The Best Western Liberty Inn is a 51-key, Limited Service, Interior Corridor Hotel That Consists of One Two-story Building Built in 2001.

The Hotel is exemplary of pride of ownership. It is very well maintained with no deferred maintenance and is designed for ease of management and expense control with the housekeeping/laundry room being adjacent to the front desk and manager' s quarters (currently being used as back office and storage).

The improvements include a lobby, manager' s quarter(office), housekeeping/laundry room, indoor swimming pool and spa, business area and breakfast room that is also rented as a meeting room.

Most recent improvements on the hotel include a complete renovation and upgrade of the lobby/front desk and breakfast area, exterior paint, interior paint in common areas, swimming pool resurfacing, new mattresses, among many upgrades.

Location is one of the Hotel' s best assets. It is located in the Central San Joaquin Valley along Highway 99, just 30 miles north of Bakersfield and 70 miles south of Fresno.

The trade area in which it is located is very attractive to food processors and distributors because of the central location and abundant supply of locally grown products. The ports of Stockton, Sacramento, Los Angeles and San Francisco are all within 200 miles and infrastructure and transportation systems are already in place to facilitate product movement. Domestic and international flights are available at Fresno/Yosemite Airport and Bakersfield' s Meadows Field Airport and Commercial flights are 2 minutes away at Delano Municipal Airport.

The Hotel is adjacent to restaurants and gas stations. It is near many key attractions such as Lake Woollomes, the International Agriculture Farm Show, Eagle Mountain Casino and Famoso Raceway. The Delano Regional Medical center is only three miles from the property.

**For a copy of the full Offering Memorandum, please download the attached confidentiality agreement.
***Do not contact Hotel directly. All tours must be arranged by broker.

Property Highlights

  • Top Ranked Hotel in Delano on Trip Advisor
  • Strategically located in the heart of Agriculture County with some of the most productive farmland i
  • In excellent condition, and designed for ease of management and expense control
  • 12% Cap Rate on 2015 actuals
  • Its mid-state location benefits businesses needing same day access to key California markets
  • Only hotel in town with an indoor pool & spa

Attachments



Location: United States | California | Delano