2525 North Palm Canyon Drive

2525 North Palm Canyon Drive Palm Springs, California 92262 United States

Now offering for sale a recently renovated boutique hotel investment opportunity at 2525 N Palm Canyon Drive: The Inn at Palm Springs! Located on fee land adjacent to The Uptown Design District of Palm Springs, this 22 Room Boutique Hotel is in close proximity to numerous shops, restaurants, and local attractions, and offers a diverse mix of room types to accommodate any guest or group!All rooms have new hardwood floors, beds, bedding, fixtures, and come equipped with a mini fridge, microwave, and office space. Room types include a combination of Single Queen & King Beds, and double bed rooms. Outside you'll find an amazing pool with plenty of seating areas and lounge chairs, as well as an on-site Pass Through Bar equipped with a Type 70 Liquor License that's ready to be activated for the new owner providing even more revenue generation opportunity. The property also includes a 1,500 SF basement area that could be activated as well.In addition to booking rooms out on a nightly basis, owners would have the opportunity to host events on the hotel grounds, as the space can accommodate up to 56 people for any type of reunion, birthday party, micro-wedding, or corporate retreat!Unencumbered by any lease or management agreements, with strong financials, and a great price/key ($226K), this incredible boutique hotel will make for a sound investment with lots of upside in the thriving Palm Springs hotel market. Reach out for the full OM or to schedule a private showing.

Listing Courtesy of The Firm Brokerage

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.