Hotels /CA /Riverside County /Palm Springs /530 E Mel Ave
Hotels /CA /Riverside County /Palm Springs /530 E Mel Ave

530 E Mel Ave - Hospitality FOR SALE


Palm Springs, CA 92262- Uptown Palm Springs | 
$1,950,000 USD
760-774-6533
530 E Mel Ave, Palm Springs, CA for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/20
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530 E Mel Ave
Palm Springs, CA 92262
Uptown Palm Springs

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HIGHLIGHTS

  • Centrally located with easy access to downtown and Uptown, surrounded by top-tier dining, shopping, and entertainment options.
  • Ideal for traveling nurse housing, rehabilitation programs, or extended stay accommodations, maximizing occupancy potential.

OVERVIEW

SBA Foreclosure Opportunity – 10-unit boutique hotel in Palm Springs, priced at $195,000 per room, offering significant upside potential.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$479 USD /SF

# OF ROOMS

10

PRICE/ROOM

$195,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SBA Foreclosure 10-Unit Hotel With Add'l Land

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1946

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,058 SF

ZONING

R2

APN/PARCEL ID

507-061-021,507-061-028

ASK ABOUT THIS PROPERTY

Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

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Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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