68055 Club Circle Dr - Hospitality FOR SALE


Desert Hot Springs, CA 92240
$2,750,000 USD
760-837-1880
68055 Club Circle Dr, Desert Hot Springs, CA for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

68055 Club Circle Dr
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • Seller-Provided Financing Available

OVERVIEW

Introducing Emerald Springs Resort, a 17-room boutique hotel within the captivating city of Desert Hot Springs. Enveloped by the allure of the city’s famed “miracle water,” drawn from both hot and cold underground springs renowned for their therapeutic and rejuvenating qualities, this haven of tranquility is incorporated into the property and offers an unforgettable experience. The property showcases a trio of pools and soaking baths filled with the locally sourced water, providing a genuine immersion into the essence of the region. Currently undergoing an extensive revitalization of all seventeen units, the property is in the midst of a transformation that presents a fresh canvas for a new owner to embrace. With the opportunity to wield creative influence over the redesign, the new owner can seamlessly integrate their vision and aspirations into the very fabric of the resort. This opportunity proves to be an ideal match for operators in pursuit of an exceptional property nestled within a city that reveres its historical heritage. Presenting an array of accommodations, Emerald Springs Resort caters harmoniously to the diverse preferences of travelers seeking to explore the treasures of Desert Hot Springs. As the city boasts an array of captivating tourist attractions, the resort’s strategic location ensures an enriching and memorable stay for every guest.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$313 USD /SF

# OF ROOMS

17

PRICE/ROOM

$161,765 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Emerald Springs Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1964

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

VS

APN/PARCEL ID

644-072-001

ASK ABOUT THIS PROPERTY

Heath WilsonWilson Meade Commercial Real EstateMore Info
760-837-1880

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

Heath WilsonWilson Meade Commercial Real EstateMore Info
760-837-1880

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