Palm Springs, CA Offered for sale at $1,750,000
Buyer did not perform. A lucrative opportunity to own and operate an established boutique hotel business in the vibrant Palm Springs market. A solid income generating asset with 12 large rooms, kitchens and/or kitchenettes offering a very private resort style setting. Excellent Location right off Down Town. A well managed and maintained resort with an established repeat clientele. This real estate gem is now offered turn-key to qualified investors and business owners.
Property Details
- Potential Inn
- 12 Guest Rooms
- 12 Guest Room Baths
- Has Owner’s Quarters
- Built in 1954
- Last Renovated in 2012
- Opened in 2012
- Building is 5,400 SQFT
- Lot is 0.42 Acres
- Photo Gallery
- Property Website
Financial Details
- Offered for sale at $1,750,000
- Occupancy Rate: 40
- Average Daily Rate: 170
- Annual revenue is $286,246
- Prequalify for Inn Financing on this property
Contact Information
