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Property profile & analytics
OFF-MARKET
Estimated value
$7,300,000
Hotels
2400 Camino Del Rio Ct Bakersfield, CA 93308-6256
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US10-3280327
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1972
Construction
WOOD
Total area
109,400 SF
Lot
6.77 ac (294,901 SF)
Zoning code
C-2
APN
332-222-06-00-6
UPID
US10-3280327
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hourglass Hotel, Ascend Hotel Collection Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.30M
Owner & transaction history
Castle Investments LLC · 7 yrs held
Castle Investments LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bakersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bakersfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$67 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$107,617
Tax year 2023
Assessed value
$9,084,793
Assessed 2023
Previous assessed
$9,084,793
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,350,630
Assessed improvement
$5,734,163
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
165
Total area
109,400 SF
Lot
6.77 ac (294,901 SF)
Zoning code
C-2
APN
332-222-06-00-6
UPID
US10-3280327
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CA
Zoning C-2 · permitted uses
C-2 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bakersfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
165
Lot
6.77 ac
Current owner
From public records · entity-resolved
Castle Investments LLC
Entity
Mailing address
6340 ARTESIA BLVD, BUENA PARK, CA 90620-1005
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
—
Castle Investments LLC
—
Deed
related
$1,900,000 · Commercial Bank Of Ca
Mar 8, 2024
—
Castle Investments LLC
—
Deed
related
$6,763,000 · Commercial Bank Of Ca
Feb 11, 2022
—
Castle Investments LLC
—
Deed
related
$5,785,000 · Business Loan Capital INC
Apr 17, 2019
$8,125,000
Castle Investments LLC
Dprl Investments LLC
Grant Deed
$1,000,000 · Logix Capital LLC
Jul 14, 2006
—
D P R L Investments LLC
Artisan Hotel Corp
Grant Deed
$7,420,000 · National Bank Of California
Oct 1, 2004
—
Artisan Hotel Corp
Bakersfield Hospitality LLC
Grant Deed
$4,750,000 · Imperial Capital Bank
May 22, 2001
$687,821
Bakersfield Hotel Partners LP
Good Nite Inn Bakersfield LLC
Trustees Deed
related
—
May 10, 2001
$2,600,000
Bakersfield Hospitality LLC
Bakersfield Hotel Partners LP
Grant Deed
related
$2,623,872 · First International Bank
Nov 14, 2000
$687,821
Bakersfield Hotel Partners LP
Good Nite Inn Bakersfield LLC
Trustees Deed
related
—
Dec 31, 1976
—
—
—
Grant Deed
related
—
—
—
Dprl Investments LLC
—
Deed Of Trust
related
$80,000 · National Bank California
—
—
Good Nite Inn Bakersfield LLC
—
Deed Of Trust
related
$411,207 · Galen Co Ltd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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