Address Not Available By Request

    Palm Springs, CA 92262
    • $2,500,000
    • STATUS: Active
    • ON SITE: 771 days
    • ID#: 17238522PS
    UPDATED: 101 min ago
    $2,500,000
    • 8
      BEDS
    • 0.26
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Class A iconic hotel (on hotel row) in the famous Tennis Club. Property is surrounded by multi-million dollar hotels & resorts and this is one of the best Inns in Palm Springs! Created in the spirit of the "Old West" the heritage of Palm Springs awaits you at the Old Ranch Inn. Totally remodeled and restored back to its "glamour days". Located just steps away from downtown Palm Springs! This award winning Inn offers eight beautiful (private) guest suites surrounded by lush landscaping and stunning mountain views! Gorgeous pool and 9th suite option available. ORI has a proven sales history with strong bookings for 2019! 5 Star Trip Advisor rating and Continental breakfast now offered and being well received by over 500 current & returning guests. RARE OPPORTUNITY!

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    Based on information from CARETS as of 2019-07-17T23:49:53.113. 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/73318252

    Address Not Available By Request Palm Springs, CA 92262

    • Price: $2,500,000
    • Status: Active
    • Updated: 101 min ago
    • ID#: 17238522PS
    8
    Beds
    9
    Baths
    0
    ½ Baths
    0.26
    Acres
    1930
    Built
    Neighborhood:
    Tennis Club
    County:
    Riverside
    Area:
    Palm Springs Central (332)
    Property Description
    Class A iconic hotel (on hotel row) in the famous Tennis Club. Property is surrounded by multi-million dollar hotels & resorts and this is one of the best Inns in Palm Springs! Created in the spirit of the "Old West" the heritage of Palm Springs awaits you at the Old Ranch Inn. Totally remodeled and restored back to its "glamour days". Located just steps away from downtown Palm Springs! This award winning Inn offers eight beautiful (private) guest suites surrounded by lush landscaping and stunning mountain views! Gorgeous pool and 9th suite option available. ORI has a proven sales history with strong bookings for 2019! 5 Star Trip Advisor rating and Continental breakfast now offered and being well received by over 500 current & returning guests. RARE OPPORTUNITY!
    Exterior Features

    Building Structure Style Other Direction Faces Faces West Exterior Construction StuccoWood Lot Description Corners EstablishedCurbsExterior Security LightsLandscapedLot-Level/FlatSidewalksStreet AsphaltStreet LightingStreet PavedWalk Street Lot Location CityNear Public Transit Open Other Spaces Total 8 Parking Features Driveway Parking Spaces Total 8 Parking Type Parking For GuestsParking For Guests - Onsite Paved YN Y Pool Construction GuniteIn Ground Roofing Other View Mountain View

    Interior Features

    Appliances DishwasherDryerRefrigeratorWasher Cooking Appliances Built-InsMicrowave Cooling Type Air ConditioningElectricRoom Refrig AirCeiling Fan(S) Fireplace Features Fire Pit Fireplace Fuel Other Fireplace Rooms Other Fireplace YN Yes Heating Type Central FurnaceOther Laundry Locations Laundry Area Levels Ground Level Total Floors 1 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 9.0 Unit Number Of Bed01 8

    Property Features

    Adjusted Gross Income 1.00 Assessed Improvement Value 1545210.00 Assessed Land Value 279193.00 Buyer Financing CashCash To New LoanConventional Cap Rate 8.00 Country United States Of America Cross Streets Areans & Patencio Expense Total Annual 1.00 Gross Operating Income 1.00 Gross Rent Multiplier 1.00 Hoa YN N Land Lease Type Fee Legal Disclosures Historical Designation Listing Terms CashCash To New LoanExchange DownExchange UpOwner May CarryConventional Lot Size Source Vendor Enhanced Net Operating Income 1.00 Number Of Buildings 1 Possession Negotiable Property Condition Updated/Remodeled Special Conditions Standard Sale Tax Mello Roos No Television Services Cable Tv Type Of Business Hotel Unit Monthly Rent01 1.00 Unit Projected Total Monthly Rent01 1.00 Unit Total Monthly Rent01 1.00 Unit Type01 9 Units Total In Complex 8 Water District Desert Water Zoning R3

    Listing provided courtesy of Joe Woods DRE#01898608 of Bennion Deville Homes and John Murasky CA DRE# 01941754 of .


    Based on information from CARETS as of 2019-07-17T23:49:53.113. 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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