, Palm Springs, CA 92262 (MLS# 15877357)

Palm Springs, CA 92262

$1,175,000
Property Type: Residential Income Bedrooms: 14 Baths: 15 Square Footage: 5,000 Lot Size (sq. ft.): 20,909 Status: Closed
Current Price: $1,175,000 List Date: 2/14/2015 Last Modified: 10/09/2024

Overview

Description

Spectacular resort located in central Palm Springs. Currently professionally managed & operated as an all male resort. Fully enclosed and private with a charming Hacienda style setting and architecture. Great emphasis on comfortable and well appointed rooms surrounded by green, lush and inviting grounds. A huge lap pool is the centerpiece of the Courtyard. Nearby is a 20 person Hot Tub and recreational areas with a variety of lounging possibilities. A large covered Break Fast bar and outdoor Kitchen completes the picture. Currently operating with 11 units and a 2BR/2BA owners suite used as recreational rooms. The owners suite could be converted back to two separate units with private bathrooms. This is an excellent opportunity to acquire a well known and established resort with a professional management team and a loyal following !

Listing Details MLS# 15877357

General Property Information

Total Units
11
Total Bedrooms
14
Total Baths
15
Approx SqFt
5000
SqFt Source
Other
Building # of Stories
Yes
Pool
No
Lot Acres
0.48
Lot Size Source
Other
Year Built
1955

Property Features

Sale Type: Standard Listing Terms: Cash Cooling Type: Central Air Heating: Forced Air Parking: Guest Land Lease Type: Fee Simple

Listing Location and Property Info

Original List Price
1399000
County
Riverside
State
CA
Zip Code
92262
Area
332 - Palm Springs Central

Listing Info

Number of Buildings
2

Property Info

View
No

Status Change Info

Status Change Date
2016-07-18
Pending Date
2016-02-05
Closed Date
2016-07-18
Closed Price
1175000

More Information

Parking SpacesInformation

Total Parking Spaces
12

Listing, Location and Property Info

Entry Date
2015-02-14
Land Type
Fee
Builders Tract Code
Not in a Development

Income & Expenses

Gross Income $
0
Gross Operating Income $
0
Net Operating Income $
0
Total Annual Operating Expenses $
0
Assessed Improvement $
703178
Vacancy Allowance % or $
5

Sale Type

Standard
Yes

Listing Terms

Cash
Yes

Cooling Type

Central Air
Yes

Heating

Forced Air
Yes

Parking

Guest
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: Coldwell Banker Realty
Listing Agent: Michael R Romberg
Last Updated: October - 09 - 2024
Information deemed reliable but not guaranteed.
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