Inn at Palm Springs
Palm Springs, CA
Executive Summary
Summary
- Price $5,500,000
- Address 2525 N. Palm Canyon Drive, Palm Springs, CA 92262
- Enclosed Square Feet 8,700
- Acreage 0.52
- Price Per Sq. Ft. $632.18
- Number of Rooms 22 (18 Guest Rooms)
- Guest Room Configuration 8 Doubles | 6 Kings | 4 Queens
- Year Built 1960
- Amenities Office | Lobby | Fitness Center | Staff Quarters, Housekeeping & Laundry Rooms | Storage, Unused Basement & Unused Rooftop Space
- Metropolitan Area Riverside-San Bernardino-Ontario
John 14:6 – Jesus said unto him “I am the way, the truth, and the life. No one comes to the Father except through Me.”
The Inn at Palm Springs is a 22-room boutique hotel investment opportunity located at 2525 N. Palm Canyon Drive in Palm Springs, CA. Experience the convenience of the Inn’s central location, situated between the historic and charming little Tuscany neighborhood and the trendy Uptown Design District. Whether you’re heading downtown for shopping, hitting the golf course, visiting the casino, or catching a flight, the Inn at Palm Springs offers easy access to it all and has served as the gateway into Palm Springs since the 1960’s as the first hotel in town!
The property is on fee simple land and comes equipped with 22 rooms, 18 guest rooms, accommodations for 56 guests, 25 bathrooms, 2 kitchens, a pass-through breezeway bar, a permitted pool, contactless management, self-check-in, rooftop space with the potential to be repurposed, a 1,500 sq. ft. basement, and potential to increase guest capacity.
The Inn at Palm Springs has recently achieved a distinguished accomplishment by receiving both the Kayak Travel Award and the Hotels
Combined Recognition of Excellence in 2022 & 2023. This places the hotel among an elite group of top-rated properties worldwide, as determined by guest reviews and industry experts. Kayak specifically recognizes the Inn at Palm Springs for its consistent high level of guest satisfaction.
This cash flowing investment opportunity recently appraised for $5,460,000 by Integra Hotels on September 12, 2023. The hotel also has a clean Phase I report completed by Partner Engineering on September 21st, 2023.
