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Boutique Hotel

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1956
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Outstanding investment opportunity. Asking price $779,000. This pueblo style boutique hotel is located in desert hot springs overlooking the palm springs valley and offers privacy and comfort in the traditional mineral spa atmosphere. The hotel has not been active for a while and underwent a total remodeling of all rooms, patio area, pool, spa and landscape. The hotel has 4 buildings and offers: - 12 units fully furnished, 6 of them with full kitchen - large manager's quarter with its own laundry room and an office - mineral water indoor spa and outdoor swimming pool - separate building with hot water tub and shower area - large barbeque area - large pool & lounge area - relaxing setting and magnificent views of the local mountains All units are freshly repainted and equipped with upgraded air-conditioning units, new low-e windows; most of them have jacuzzi tubs. This resort is beautiful, modern and represents an incredible investment opportunity as its best use could be bed and breakfast, boutique resort, corporate retreat etc. Your imagination is the limit. Desert hot springs is a sleepy little town in the palm springs valley and is blessed with a huge aquifer of hot mineral water that is accessed by many of the resort spas. Palm drive is the main street in desert hot springs and has access to the fwy 10 - also is only 15 min. From the palm springs airport. Drive to palm springs in 10 minutes and have all the best restaurants of your choice, 20 minutes to Rancho Mirage and Palm Desert for your shopping in all the best high end stores. Palm Springs tram is getting you up to San Jacinto Mountain, desert jeep tours any time of the year and you can enjoy the local desert, palm springs follies, and all other desert cities are at 12 miles distance. Contact or call Danail Jekov at 760-341-6180 ext 344 for more information on this Boutique Hotel for sale.

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