Maxim Hotel Brokerage, Inc. is pleased to present for sale the Chateau at Lake La Quinta, a 24-unit premier boutique hotel located on man-made Lake La Quinta in La Quinta, CA.
OVERVIEW
Please consider the following investment highlights:
- Exceptional Opportunity and Upside for an Engaged Owner Operator - With potential for strategic renovations and repositioning, this property is primed for growth. A local, engaged management approach can further enhance its value and operational success.
- Attractive Architecture - Inspired by European chateaus, particularly those in France, its design reflects a blend of classic and modern architecture with grand staircases, ornate detailing and expansive windows that offer breathtaking views of surrounding landscapes.
- Central La Quinta Location, Close to Demand Generators - Located just two miles from Indian Wells Tennis Garden and six miles from Empire Polo Club, site of major music festivals (Coachella, Stage Coach, etc). The hotel is ideally situated for major sellout periods.
- Unique and Exclusive, Quiet Setting - The lakeside setting and property size (24 units) are ideal for exclusive corporate or private events.
- Large Rooms, Each with View - Two bungalow units, nine legacy units (original building), and 13 newer units built in 2015. Rooms are large with high ceilings and large bathrooms. Each room features a lakeview patio or balcony.
- Restaurant - Mélange is an indoor / outdoor restaurant that currently operates Wednesday through Sunday for Happy Hour and dinner. Guests enjoy lakeside dining from a large deck adorned with string lights and two fireplaces, numerous heaters, fire pits and umbrellas.
- Amenities - A swimming pool and hot tub are located off of grassy area, suitable for lakeside receptions.
- Fee Simple - Fee simple, unencumbered by management.