1533 N Chaparral Road, Palm Springs, CA 92262

$6,950,000
33
BD
33
BA
22,000
SqFt
List Price
$6,950,000
Status
ACTIVE UNDER CONTRACT
MLS#
219098894
Year Built
1960
Bedrooms
33
Bathrooms
33
Living Sq. Ft
22,000
Lot Size
72,745
Days on Market
42
Property Type
Multifamily
Neighborhood
Desert Sun Resort

Property Description

The Firm Brokerage is pleased to present an exciting opportunity to own this 33 room, clothing optional hotel in the heart of Palm Springs proper! 22 hotel rooms were extensively renovated in 2020 and 11 courtyard rooms completed in 2016, along with 170 solar panels that are 100% paid for. This resort comes complete with a Spa, Cafe, Tennis Courts, Fire pits, Gift Shop, and an onsite restaurant/ bar with a full liquor license, with additional options for increased revenue whether the property is kept clothing optional or it is converted to a traditional hotel. DesertSun Resort is the ultimate escape—not just a change of scenery, but a whole different way of relaxing for people unsatisfied with the ordinary and wanting an experience they can take home after their vacation ends. Step in and earn cash flow immediately with this highly sought after and centrally located Palm Springs hotel.

Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
In Ground, Community
Spa
Yes
Heat
Central
Cooling
Air Conditioning
View
Mountain(s), Pool
Parking
Guest, Unassigned, Total Uncovered/Assigned Spaces
Sewer
In, Connected and Paid

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of The Firm Brokerage.