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585-615 S Warm Sands Drive

Palm Springs, CA 92264
  • $3,500,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 219089772
UPDATED: 32 min ago
$3,500,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Great opportunity to acquire a profitable charming desert oasis with manicured grounds, 0.44AC of Fee simple land located in the heart of Warm Sands. This hotel features 12 rooms, picturesque panoramic views, 5,606sf building with 200 sf frontage, featuring great visibility. Consistently high CAP Rate and Occupancy. The size of the land with access on three sides, the gorgeous mountain views, the expansive pool & spa, sauna, steam-room and massage-cabana are just some of the amenities that showcase this property's potential. Desert Paradise Resort is one of the longest running gay resorts serving the community in Palm Springs. Welcoming all and seeking to provide the perfect destination for the like minded traveler. Guests immerse themselves in spectacular views and tropical grounds, and discover what it means to be truly welcome. This is a great investment opportunity to continue a successful legacy or take this well established resort to a new ''vibe''. The property is walking distance to downtown and minutes to the Palm Springs Convention Center, airport and most known tourist attractions.

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©2023 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Jay Group - Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2023-02-04T15:35:58.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.searchdesertrealestate.com/homes/136391496
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585-615 S Warm Sands Drive Palm Springs, CA 92264

  • Price: $3,500,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 32 min ago
  • MLS #: 219089772
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1950
Built
Neighborhood:
334 - Palm Springs South End
County:
Riverside
Area:
334 - Palm Springs South End
Property Description
Great opportunity to acquire a profitable charming desert oasis with manicured grounds, 0.44AC of Fee simple land located in the heart of Warm Sands. This hotel features 12 rooms, picturesque panoramic views, 5,606sf building with 200 sf frontage, featuring great visibility. Consistently high CAP Rate and Occupancy. The size of the land with access on three sides, the gorgeous mountain views, the expansive pool & spa, sauna, steam-room and massage-cabana are just some of the amenities that showcase this property's potential. Desert Paradise Resort is one of the longest running gay resorts serving the community in Palm Springs. Welcoming all and seeking to provide the perfect destination for the like minded traveler. Guests immerse themselves in spectacular views and tropical grounds, and discover what it means to be truly welcome. This is a great investment opportunity to continue a successful legacy or take this well established resort to a new ''vibe''. The property is walking distance to downtown and minutes to the Palm Springs Convention Center, airport and most known tourist attractions.
Exterior Features

Entry Floor Number 1 Lot Features Back YardCorner LotLandscapedLawnLevel With StreetLot Level/FlatLot Shape - RectangularPaved StreetSecludedSprinkler Drip SystemSprinkler SystemSprinklers in FrontSprinklers in RearSprinklers On SideSprinklers Timer Total Parking Spaces 12.00 Total Uncovered Assigned Spaces 12.00

Interior Features

Cooling Yes Heating Yes Heating Type CentralForced AirNatural Gas

Property Features

Asset Class Hotel/Motel Building Status Existing Business Info Investment Property Yes Business Info Laundry Equipment Yes Business Info Sale Or Lease Sale Cross Streets Ramon Road Financing Details CashConventional Land Use Other Laundry OtherRoom Listing Terms CashConventional Ownership Type Llc Property Sub Type Hotel-Motel Sale Type Standard Security Safety Carbon Monoxide Detector(S)Card/Code AccessGated CommunitySmoke Detector Utilities Cable TvElectricity ConnectedNatural Gas AvailablePhone ConnectedUnderground UtilitiesWater Meter On Property Water Meter On PropertyWater District

Listing information © 2023 California Desert Association of Realtors.
Listing provided courtesy of Luca Volpe of Realty Trust: (760) 327-8000.
©2023 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Jay Group - Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2023-02-04T15:35:58.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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Indian Wells CA, 92210