• 222 Curran St, Bakersfield, CA 93309

For Sale

Retail

For Sale

This property is available for sale
19.01
Acres
$1,495,000
Sale Price
  • Total Building Size
    9,489 RSF
  • Overview

    Fully operational cash-flowing 9,500 SF Lodge/Motel & development land on 19.01 Acres. Corral Creek Lodge offers modern & spacious rooms, and is the closest lodging to destinations such as Trail of 100 Giants and the wilderness areas of the southern Sierra Nevada Mountain Range. The AAA approved 2 diamond rating Lodge offers 20 modern spacious rooms in a quiet & scenic setting priced below replacement cost. Amenities include a BBQ & dining deck, spacious air conditioned single king and double queen rooms, and kitchen facilities. Reservation system uses Hotelogix & interfaces with major OTA's. Steadily increasing clientele continue to add a tour of the southern Sierras to their trips to LA, San Diego, Death Valley and Las Vegas. Great SBA candidate!
    There is a "Preliminary" economics breakdown and a "Proposed" layout for 35 spaces for RV Development on the river side of the road. All but 2 of the sites are either pull through or back to the left entry for the trailer. People tend to run into things when backing to the right. All sites are 65X25 which compares favorably with other RV parks in the area. Most of the existing RV parks are booked or nearly so throughout the summer and range from 20% to 60% throughout the winter. We did economics on the basis of 14 week summer rates and 38 week winter rates. We put in costs for a manager on site 8hrs/day. However, if it is run by the motel staff, then the additional labor is negligible. The median case Net Cash Flow is nearly $200K/yr!

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Property Details

Fully Operational 20-room Mountain Lodge + Development Land

Fully operational cash-flowing 9,500 SF Lodge/Motel & development land on 19.01 Acres. Corral Creek Lodge offers modern & spacious rooms, and is the closest lodging to destinations such as Trail of 100 Giants and the wilderness areas of the southern Sierra Nevada Mountain Range. The AAA approved 2 diamond rating Lodge offers 20 modern spacious rooms in a quiet & scenic setting priced below replacement cost. Amenities include a BBQ & dining deck, spacious air conditioned single king and double queen rooms, and kitchen facilities. Reservation system uses Hotelogix & interfaces with major OTA's. Steadily increasing clientele continue to add a tour of the southern Sierras to their trips to LA, San Diego, Death Valley and Las Vegas. Great SBA candidate!
There is a "Preliminary" economics breakdown and a "Proposed" layout for 35 spaces for RV Development on the river side of the road. All but 2 of the sites are either pull through or back to the left entry for the trailer. People tend to run into things when backing to the right. All sites are 65X25 which compares favorably with other RV parks in the area. Most of the existing RV parks are booked or nearly so throughout the summer and range from 20% to 60% throughout the winter. We did economics on the basis of 14 week summer rates and 38 week winter rates. We put in costs for a manager on site 8hrs/day. However, if it is run by the motel staff, then the additional labor is negligible. The median case Net Cash Flow is nearly $200K/yr!

  • Property Type
    Retail
  • Sale Price
    $1,495,000
  • Total Building Size
    9,489RSF
  • Total Acres
    19.01
  • Property ID
    2091074

Landlord's Sales Representatives

  • Jared Ennis
    KW Commercial Central California
     
  • Kevin Land
    KW Commercial Central California