1600 E Palm Canyon Dr, Palm Springs, CA 92264

Price reduced. TERRAZZO, a charming, Mediterranean style boutique resort hotel surrounding a forty foot pool and ten person spa in the Deepwell area of South Palm Springs. The Property Profile lists the hotel as sixteen units but the property is currently operating as fourteen units including a two room suite that can be locked off to make two separate units. There is also a community suite with kitchen and sitting/entertaining area and multi station fitness equipment. This community suite was and can be a very large manager's unit or an additional revenue producing suite. Expenses include a full time manager, houseman and housekeeper. Terrazzo is located within walking distance of great shopping and restaurants. Purchase price includes furniture, fixtures and equipment plus a very extensive Reservations database. Immaculate and excellently maintained property with individual a/c units. Laundry facility located on property. Assumable SBA loan and Seller may carry.Brokered And Advertised By: Coldwell Banker Residential BrokerageListing Agent: Gary Howell