888 N Indian Canyon Drive

    Palm Springs, CA 92262
    • $2,099,500
    • STATUS: Active
    • ON SITE: 295 days
    • ID#: 18380918PS
    UPDATED: 14 min ago
    $2,099,500
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $420
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    Turn-key Boutique Hotel in Central Palm Springs - Movie Colony within easy walking distance to all of downtown. 12 well-appointed rooms and suites. Major renovations inside and out were done between 2012 and current creating an ultra private resort with beautiful units and excellent amenities. Opportunity for growth is significant.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-07-21T17:45:32.533. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/88024773

    888 N Indian Canyon Drive Palm Springs, CA 92262

    • Price: $2,099,500
    • Status: Active
    • Updated: 14 min ago
    • ID#: 18380918PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    5,000
    SQFT
    $420
    $/SQFT
    1970
    Built
    Neighborhood:
    Movie Colony
    County:
    Riverside
    Area:
    Palm Springs Central (332)
    Property Description
    Turn-key Boutique Hotel in Central Palm Springs - Movie Colony within easy walking distance to all of downtown. 12 well-appointed rooms and suites. Major renovations inside and out were done between 2012 and current creating an ultra private resort with beautiful units and excellent amenities. Opportunity for growth is significant.
    Exterior Features

    Carport Spaces Total 2 Parking Spaces Total 11 Parking Type Parking Space

    Interior Features

    Appliances Bar Ice MakerFreezerGarbage DisposalIce MakerRefrigerator Cooking Appliances Range HoodMicrowaveRange Cooling Type Air ConditioningCeiling Fan(S)Central A/CWall Unit(S) Heating Type Forced AirWall Electric Interior Features Phone System Total Floors 2 Unit Furnished01 Furnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 12.0 Unit Number Of Bed01 12

    Property Features

    Adjusted Gross Income 279005.00 Assessed Improvement Value 592511.00 Assessed Land Value 253895.00 Association Name Bear Foot Inn Cap Rate 5.11 Country United States Of America Expense Total Annual 160457.00 Gross Operating Income 277683.00 Gross Rent Multiplier 13.00 Hoa YN N Land Lease Type Fee Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 107191.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Other Television Services Cable Tv Unit Monthly Rent01 0.00 Unit Projected Total Monthly Rent01 0.00 Unit Total Monthly Rent01 0.00 Unit Type01 12 Units Total In Complex 12 Zoning R3

    Listing provided courtesy of P. Tomov DRE#01915444 of Coldwell Banker Residential Br and Michael Romberg CA DRE# 01267191 of Coldwell Banker Residential Br.


    Based on information from CARETS as of 2019-07-21T17:45:32.533. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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