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1586 E Palm Canyon DR Palm Springs, CA 92264
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Deepwell
MLS Listing ID 21470074DA
Sold Date 12/16/13
HOA Y/N No
Year Built 1954
Lot Size 0.475 Acres
Property Description
This meticulously maintained and operated 10 room boutique hotel has been owned and operated by the same owners for 16 years. It is rated #5 in Palm Springs and the top 25 value hotels in the country by TripAdvisor. There is a solid built-in client base and it is hightly rated on major web sites.The pool and spa are fully tiled with porcelain tiles and the grounds are lush and perfectly kept. Five rooms have kitchenettes.The financials are fully documented and only getting better. This is one of the best established small inns in Palm Springs. Easy to see.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Heating Electric
Cooling Electric
Fireplaces Type Living Room, See Remarks
Fireplace Yes
Appliance Gas Water Heater, Water Heater
Exterior
Pool In Ground, Tile
View Y/N Yes
View Mountain(s)
Roof Type Foam
Private Pool Yes
Building
Lot Description Corner Lot
Story One
Entry Level One
Foundation Slab
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 508453006
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Byron Clark • First Team Real Estate