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354 E Stevens Road

Palm Springs, CA 92262
  • $1,988,000
  • STATUS: Active Under Contract
  • ON SITE: 21 days
  • ID#: 21754914
Under Contract
UPDATED: 36 min ago
$1,988,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

A tremendous, lucrative opportunity to own your own resort in the vibrant and growing Palm Springs market. This established boutique resort has proven over the years to generate substantial income and still has room for growth. The sizable and private 12 rooms each offer kitchens and/or kitchenettes with an exception of a few. The majority of the rooms have secluded patios for guests' pleasure and private comfort. Excellent location in near proximity to the new 1501 Uptown Gastropub, Sandfish, and other hip locations such as Arrive Resort. A well-managed and maintained boutique hotel with an established repeat clientele offering a tremendous opportunity to expand on and continue growth. This real estate gem is now offered turn-key to qualified investors and business owners.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T19:36:51.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
www.twissrealty.com/homes/119023428
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354 E Stevens Road Palm Springs, CA 92262

  • Price: $1,988,000
  • Status: Active Under Contract
  • Updated: 36 min ago
  • ID#: 21754914
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1955
Built
Neighborhood:
332 - Central Palm Springs
County:
Riverside
Area:
332 - Central Palm Springs
Property Description
A tremendous, lucrative opportunity to own your own resort in the vibrant and growing Palm Springs market. This established boutique resort has proven over the years to generate substantial income and still has room for growth. The sizable and private 12 rooms each offer kitchens and/or kitchenettes with an exception of a few. The majority of the rooms have secluded patios for guests' pleasure and private comfort. Excellent location in near proximity to the new 1501 Uptown Gastropub, Sandfish, and other hip locations such as Arrive Resort. A well-managed and maintained boutique hotel with an established repeat clientele offering a tremendous opportunity to expand on and continue growth. This real estate gem is now offered turn-key to qualified investors and business owners.
Exterior Features

Direction Faces West Entry Location Ground Level - No Steps Parking Features Assigned Pool Features In GroundPrivate Pool Private YN Yes Roof Foam Spa Features In GroundPrivate Spa YN Yes View Mountain(S) View YN Yes

Interior Features

Heating Electric Heating YN Yes

Property Features

Additional Parcels YN No Community Features Gated Gross Income 286211 Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN No Security Features Gated CommunityResident Manager Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0

Listing provided courtesy of P. Tomov of Coldwell Banker Realty and Michael Romberg of


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T19:36:51.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
 
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