Holiday Inn Express & Suites Barstow Outlet | 2700 Lenwood Rd
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Holiday Inn Express & Suites Barstow Outlet 2700 Lenwood Rd
110 Room Hotel Barstow, CA 92311 $24,451,357 CAD ($222,285 CAD/Room)
Investment Highlights
- Three-Story, Interior Corridor, Franchised Hotel
- Ideally Located off of Interstate 15, Near Interstate 40 and Routes 58 & 66
- BNSF Railway Plans to Invest $1.5 Billion in a Cutting-Edge Rail Facility in Barstow
- Located Directly Next to a Tesla Supercharger Station and The Outlets at Barstow, a Major Demand Generator & Economic Driver for the City
- Barstow is Located in a Major Trucking & Tour Bus Route with Additional Demand Drivers
- Located Midway Between Los Angeles - Las Vegas and San Diego - Las Vegas
Executive Summary
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Barstow Outlet Center, a three-story, interior corridor hotel conveniently located next to The Outlets at Barstow and off of Interstate 15 in Barstow, California. The property consists of 110 interior corridor guest rooms, two meeting rooms, a fitness center, business center, sundry shop, guest laundry facilities, and an outdoor pool & spa.
Barstow is approximately an hour and a half drive from Los Angeles, CA; an hour drive from Ontario, CA; and a two hour drive from Las Vegas, NV. The city is a year-round market that has strong demand drivers such as government, corporate, railroad, freeway traffic, and infrastructure-related generators. BNSF Railway plans to invest over $1.5 billion in the Barstow International Gateway, a 4,500-acre rail facility in Barstow. It will include a rail yard, intermodal facility, and warehouses for transloading freight.
The Holiday Inn Express & Suites Barstow Outlet Center represents the opportunity to acquire a franchised hotel in a consistently strong, year-round market. Our Pro Forma analysis assumes that the market will continue to be supported by its demand drivers and the property will also benefit from the Property Improvement Plan (PIP).
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Barstow Outlet Center, a three-story, interior corridor hotel conveniently located next to The Outlets at Barstow and off of Interstate 15 in Barstow, California. The property consists of 110 interior corridor guest rooms, two meeting rooms, a fitness center, business center, sundry shop, guest laundry facilities, and an outdoor pool & spa.
Barstow is approximately an hour and a half drive from Los Angeles, CA; an hour drive from Ontario, CA; and a two hour drive from Las Vegas, NV. The city is a year-round market that has strong demand drivers such as government, corporate, railroad, freeway traffic, and infrastructure-related generators. BNSF Railway plans to invest over $1.5 billion in the Barstow International Gateway, a 4,500-acre rail facility in Barstow. It will include a rail yard, intermodal facility, and warehouses for transloading freight.
The Holiday Inn Express & Suites Barstow Outlet Center represents the opportunity to acquire a franchised hotel in a consistently strong, year-round market. Our Pro Forma analysis assumes that the market will continue to be supported by its demand drivers and the property will also benefit from the Property Improvement Plan (PIP).
Property Facts
| Price | $24,451,357 CAD | Building Size | 59,700 SF |
| Price Per Room | $222,285 CAD | No. Rooms | 110 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2002 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.51/1,000 SF |
| Lot Size | 3.17 AC | Corridor | Interior |
| Price | $24,451,357 CAD |
| Price Per Room | $222,285 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.17 AC |
| Building Size | 59,700 SF |
| No. Rooms | 110 |
| No. Stories | 3 |
| Year Built | 2002 |
| Tenancy | Single |
| Parking Ratio | 2.51/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 28 | $174.35 CAD | - |
| Guest Room | 82 | $136.08 CAD | - |
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PROPERTY TAXES
| Parcel Number | 0421-321-09 | Improvements Assessment | $16,034,151 CAD |
| Land Assessment | $6,903,891 CAD | Total Assessment | $22,938,042 CAD |
PROPERTY TAXES
Parcel Number
0421-321-09
Land Assessment
$6,903,891 CAD
Improvements Assessment
$16,034,151 CAD
Total Assessment
$22,938,042 CAD
zoning
| Zoning Code | CH, Barstow |
| CH, Barstow |
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Holiday Inn Express & Suites Barstow Outlet | 2700 Lenwood Rd
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