Best Western Plus Commerce Parkway Inn & Suites
Barstow, CA
  • Brand New Hotel Built in 2019
  • 3 Story Interior Corridor
  • Strong Year-Round Market
  • Midway Between Los Angeles-Las Vegas and San Diego-Las Vegas
  • 8.1% Pro Forma Cap Rate
  • 4.5x Pro Forma Room Revenue Multiplier
  • $141,270 Price Per Room
  • 16% Average Cash on Cash Return
  • 19% Five Year Leveraged IRR (Overall Return)
Surf's Up for California Renovations | Hotel Business 
Hotel Business Magazine - March 04, 2020

Pico-Union borders Downtown LA but avoided development boom spillover-until now
Curbed.com - March 03, 2020

Measure C early results have hotel tax falling short 
KGTV San Diego - March 04, 2020 

Election Update: Long Beach Measure B hotel tax hike appears headed toward approval, based on semi-official results 
Press-Telegram - March 04, 220 
What to expect when Caesars Republic hotel opens in Scottsdale
KNXV - March 02, 2020

Wave of new hotels coming to downtown Colorado Springs
Cheyenne Gazette - March 04, 2020

Las Vegas casinos brace for loss of Chinese tourism as coronavirus spreads 
NBC News - March 02, 2020 
New hotel, gas station, stores and industrial buildings proposed for vacant land at Randall and Higgins roads in Elgin 
Chicago Tribune - March 03, 2020
New Hotel Could be First Step in Densification of Easton
ColumbusUnderground - March 03, 2020

Hilton Garden Inn Kansas City wraps major renovation
RE Journals - February 28, 2020 
Renaissance New York Chelsea Hotel Debuts at 112 West 25th Street 
New York YIMBY - March 04, 2020 

Rehoboth's Bellmoor Inn sold to NYC investment firm
Cape Gazette - March 03, 2020

Rendering Posted for Sam Chang's 974-Key Hotel at 150 West 48th Street in Times Square
New York YIMBY - February 29, 2020 
Lowe breaks ground on new waterfront hotel in downtown Charleston, announces regional office 
Charleston Regional Business Journal - March 04, 2020

Georgia company buys Winston-Salem hotel for $15.6 million 
The Business Journal of the Greater Triad Area - March 03, 2020

DiamondRock Hospitality Plans June 2020 Opening of Barbary Beach House Key West 
Hotel Online - March 01, 2020  
 
Inside plans to 'turbocharge' New Orleans' riverfront: New parks, hotels, housing, more underway 
Nola.com - February 29, 2020

The St. Joe Company Announces Plans for a Homewood Suites by Hilton Hotel Adjacent to the New Panama City Beach Sports Complex in Panama City Beach, Florida 
Businesswire.com - March 01, 2020 
Take a retro road trip to this hip Texas motor court-style hotel 
Laredo Morning Times - February 28, 2020

Fairfield hotel opens in Coppell, Texas
Asian Hospitality - March 03, 2020 
Toronto's Gladstone Hotel Has Been Sold to Condo Developers 
exclaim.ca - March 04, 2020 

Alberta court rules Airbnb rentals are like hotels, makes it easier for condo boards to ban them 
The Globe and Mail - March 04, 2020 
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(909) 456-3420
(443) 703-5027
(602) 687-6791
(317) 218-5318
(503) 200-2048
(775) 348-5228
(310) 909-2313
(909) 456-3430
(909) 456-3441
(909) 456-7029
(503) 200-2057
(443) 703-5029
B ill Melton
(909) 456-3473
(806) 676-6584
(602) 687-6651
(909) 456-7023
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ALLRED HOTEL GROUP OF MARCUS & MILLICHAP | www.allredhotelgroup.com