Relax Hotel & Spa at 67485 Hacienda Avenue is an investment opportunity to own a 40 room mineral hot springs hotel in the heart of Desert Hot Springs, California. The hotel's location offers some of the most incredible views in the area and special benefits for being in the opportunity zone.
The subject property comprises a 40-room resort and spa with spa treatment rooms, owners/managers units, and generous potential poolside areas for quiet relaxation. The Relax Hotel & Spa has a welcoming lobby, front desk, back office, storage rooms, and a large pool with the potential to add outside spa areas. A popular spot for group retreats, the spacious resort rooms are designed with a warm modern touch and feature individual HVAC units, interior kitchenettes, and top-notch fixtures.
Strategically located in Desert Hot Springs, known to have the world's best source of fresh hot mineral water for drinking to help aid nutrition and bathing to improve circulation and located within the Coachella Valley, in the foothills of Joshua Tree National Park in Southeastern California, a premium tourist destination for those seeking an authentic spa experience, the tranquility of the natural desert environment, and the therapeutic benefits of its mineral-rich waters. The Relax Hotel & Spa, with its immaculate appearance, superb condition, and excellent location, should continue to enjoy increased occupancy and profitability.
Please note the cap rate is a proforma rate, plus the total invested into the property, $2,500,000 (Not including the owner's purchase price). Buyer to verify condition of property and all permits. Please contact for more info.
Disclosure: Broker, seller and Broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/ lot lines/ dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information.