Hotel with over 10 Cap Rate! Pride of ownership is immediately evident in this very successful 19 room private men's hotel with the added income from a full luxury day-spa. The ambiance is one of peaceful comfort with the lovely rooms centered around 2 courtyards, each with their own pools, while 2 whrlpool spas are discretely tucked away in grottoes. Rooms range from 200-450 sq. ft., and several include sitting areas, living rooms, a full kitchen or a 2nd bedroom, to enhance the "like home" atmosphere. The Spa has a spacious check-in area, changing space, bathroom and 3 treatment rooms. Your guests will have plenty of parking in the 20 off street spaces. Walled and gated for privacy, this offering is the perfect blend of art and commerce.
Off market
$4,976,700
1491 S Via Soledad, Palm Springs, CA 92264
20beds
0baths
8,500sqft
MultiFamily
Built in 1948
-- sqft lot
$4,976,700 Zestimate®
$585/sqft
$1,918 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 0
Heating
- None, Other
Cooling
- Central, Wall
Features
- Flooring: Other
Interior area
- Total interior livable area: 8,500 sqft
Property
Parking
- Total spaces: 20
Features
- Exterior features: Other
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.64 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1948
Community & neighborhood
Location
- Region: Palm Springs