Integra Realty Resources has completed two commercial real estate appraisals of hotel properties located in Central California.
The first is a non-franchised, limited service hotel located in Modesto, Stanislaus County. The property contains 40 roomsl an outdoor swimming pool; and a two-bedroom, one-bathroom manager’s apartment. The building was built in 1964 and is situated on a 0.68 acre lot. The purpose of this hotel valuation was for loan underwriting purposes for a lender.
The other hotel recently appraised is an existing 70-room, interior loaded, extended stay flagged hotel in Bakersfield, Kern County. The property, constructed in 2009, has approximately 34,000 square feet of gross building area and is located on a 1.81 acre site. Special features for this flagged hotel include a pool and spa, guest laundry, vending machines, and a manager’s apartment. The purpose of this hotel valuation was also for loan underwriting purposes for a lender.
If you have any questions about hospitality valuations in California, or are in need of a commercial real estate appraisal of a hotel or motel appraisal, please contact us today at 858-259-4900 or email@example.com. Also, please be sure to check out our hospitality page for more information on our specialty practice as well as a sample of previous assignments.Social tagging: Bakersfield Appraisal > Bakersfield Commercial Appraisal > Central California Commercial Appraisal > Hospitality Appraisal > Hospitality Appraiser > Hotel Appraisal > Hotel Valuation > Kern County Commercial Real Estate Appraisal > Modesto Appraisal > Modesto Commercial Appraiser > Motel Appraisal > Motel Valuation > Stanislaus County Commercial Real Estate Appraiser