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2249 N Palm Canyon Dr
Palm Springs, CA 92262 Chino Canyon

$1,850,000 USD

Hotel For Sale • 7,500 SF

Property Details

Property Type Hotel
Total Building Size 7,500 SF
Lot Size 0.59 AC
Building Class C
Year Built 1958
Tenancy Multiple
Zoning C1

29 Transit Score

60 Walk Score

                
                    Highlights
                
                                2249 N Palm Canyon Drive presents a unique value-add investment opportunity in a high-demand hospitality submarket. 
                            
                                Over the past three years, average annual supply growth in Palm Springs has been close to 1.3%, limiting competitive pressure. 
                            
                                Estimated $1.2 to $1.5 million in capital improvements is needed to complete the refurbishment, with fast and simple approval processes.
                            
                                Situated off Route 111, providing quick links to Palm Springs International Airport, renowned golf destinations, resort activities, and more.

Amenities

Pool
High Speed Internet Access
Patio
On-Site Bar
Boutique/Lifestyle Hotel
Bed & Breakfast
Public Access Wifi

Public Transportation

Commuter Rail	Drive	Walk	Distance
	9 min	-	3.6 mi
Airport	Drive	Walk	Distance
Palm Springs International	8 min	-	3.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	17
Type:	Surface
Included in Rent:	Yes

Reid Breitman 424-205-5351 Hyperion Fund

2249 N Palm Canyon Dr Palm Springs, CA 92262 Chino Canyon