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288 E Camino Monte Vis
Palm Springs, CA 92262 Uptown Palm Springs

$6,400,000 USD

Hotel For Sale  •  9,110 SF

Property Details

  • Property Type Hotel
  • Total Building Size 9,110 SF
  • Lot Size 0.33 AC
  • Building Class B
  • Year Built 1958
  • Cap Rate 8.11 %
  • Zoning R3, Palm Springs
30 Transit Score
60 Walk Score

Highlights

16-room luxury boutique gay men's resort that competes within the high-end specialty lodging segment of the Palm Springs market
Descanso has received TripAdvisor's highest honor, the Travelers' Choice "Best of the Best" award for 2023
Completely Renovated Turnkey Asset
Ideally Positioned for Owner-Operator or Investor while keeping the On-site staff in place
82.4% Average Occupancy and $285.33 ADR

Property Flyers

Cap Rate: 8.11 %

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Public Transportation

Commuter RailDriveWalkDistance
Palm Springs Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) 8 min - 4.0 mi
AirportDriveWalkDistance
Palm Springs International 7 min - 3.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Matthew Luchs 818-519-1429 Zacuto Group
Matthew Luchs 818-519-1429 Zacuto Group