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Key Details
Sold Price $1,990,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Tahquitz River Estat
MLS Listing ID 14768033PS
Sold Date 02/27/15
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1960
Lot Size 0.719 Acres
Property Description
Don't miss this rare opportunity to own one of Palm Spring's finest small resort hotels. Currently operating as a very successful private men's resort, the property has unlimited potential to serve other markets, as well. Completely refurbished in 2005-06, the resort offers 23 smartly appointed suites & baths, plus a very spacious 1 BR manager's apartment. Lushly landscaped grounds feature spectacular mountain views and one of the largest pools and spas for this category of property in Palm Springs. All furnishings, equipment, linens and accessories, plus access to a very extensive client list, are included in the sale. Only a 15 minute walk from downtown Palm Springs, the hotel is superbly located in desirable South Palm Springs amidst other resorts and residences. This is an exciting opportunity for anyone seeking a quality resort with clientele to match.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Pool In Ground
View Y/N Yes
View Mountain(s)
Total Parking Spaces 22
Private Pool Yes
Building
Story 2
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 508191012
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Scott Timberlake • Realty Trust
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692