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DESERT RAIN HOT MINERAL SPA HOTEL

40 ROOM HOTEL OVERLOOKING PALM SPRINGS

Desert Rain Hot Mineral Spa Hotel

67485 HACIENDA AVE, DESERT HOT SPRINGS, CA

FEATURES

  • Lender Owned – Financing with 25-30% Down
  • Located in the Hot Mineral Water Spa Zone
  • One of 20 Hot Water Properties in Desert Hot Springs
  • A Great Opportunity to Redevelop Into a Health & Wellness Spa Resort
  • Located Near Historic Two Bunch Palms Resort
  • Healing Hot Mineral Water Pool with Covered Spa
  • Take Advantage of Opportunity Zone Tax Benefits

Asking Price: $3,000,000 ($75,000/Room)

DESERT HOT SPRINGS

VICINITY MAP

19.5 AC Industrial Land Across From Airport

Directions: From I-10 traveling east, take exit 117 for CA-62, continue onto CA-62 East for 9.7 miles. Turn Right (south) onto Pierson Blvd. Drive 4.6 miles, turn right (west) onto West Dr. Drive .5 mile, turn left (south) onto Hacienda Ave. Drive 1.5 miles and the property will be on your right.

PROPERTY DETAILS

  • # of Rooms: 40
  • Year Built: 1987 Remodeled: 2000
  • Building Size: 20,196 SF, 2-Story
  • Parcel Size: 1.67 Acres
  • APN: 642-164-007
  • Zoning: V-S – Visitor Serving
  • Parking Spaces: 5 Handicap, 59 Regular
  • Franchise: Independent Hotel
  • Heating/AC: Individual HVAC unit in each guest room
  • Mineral Well: Still need info
  • Amenities: Courtyard, Fitness Center with Locker Rooms, Sauna, Hot Mineral Water Pool, 4 Outdoor & 1 Enclosed Spas, BBQ Area
  • Revenues: 2019 – $549,480
  • Terms: Cash; Seller Financing Available with 25-30% down-payment.
    Term: up to 3 years. Rate: Yr 1 – 5%, Yr 2 – 6%, Yr 3 – 7%. Monthly payment-interest only. Origination Fee – 0.5%. Loan Processing Fee: $750.
  • Comments: Desert Hot Springs is known worldwide for it’s natural, therapeutic hot mineral waters. The mineral water is odor-free, low in sulfur, and rich in lithium. Desert Rain Hotel boasts beautiful views of Palm Springs, and 30 minutes from Joshua Tree National Park.
Desert Rain Hot Mineral Spa Hotel

DISCLAIMER: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property.

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Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE #00702492

Contact our Team for more details

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Rebecca Ramirez, Sales Agent
rebecca@dppllc.com
Mobile 760-333-7170
Office 760-360-8200
DRE #02050799