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Hotel-Motel

Delos Reyes Palm Springs

1277 S Palm Canyon Dr, Palm Springs, CA 92264

Listing Price: $4,000,000

Cap Rate
2.20%
Number of Rooms
65
RevPAR
$30
Gross SF
23,004
Price/Room
$61,538
Price/Gross SF
$173.88
Year Built
1973

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Delos Reyes Palm Springs, a two-story boutique hotel located in Palm Springs, California.

Delos Reyes Palm Springs is two-story, 65 key property located in the heart of Palm Springs. This property offers an exceptional combination of location, amenities, and income potential. With Palm Springs' strong tourism industry and year-round appeal, this property represents an excellent investment for those looking to capitalize on the thriving hospitality market in the region.

Investment Highlights

  • Prime Location Near Downtown Palm Springs
  • Well Valued Investment with Significant Growth Potential
  • Land Lease - 7% Gross Revenue
  • Palm Springs Welcomed > 14M Visitors in 2022 Leading to a $8.7B Economic Impact

Exclusively Listed By

Financing By

Hotel-Motel

Delos Reyes Palm Springs

Listing Price: $4,000,000

Cap Rate
2.20%
Number of Rooms
65
RevPAR
$30
Gross SF
23,004
Price/Room
$61,538
Price/Gross SF
$173.88
Year Built
1973

Investment Highlights

  • Prime Location Near Downtown Palm Springs
  • Well Valued Investment with Significant Growth Potential
  • Land Lease - 7% Gross Revenue
  • Palm Springs Welcomed > 14M Visitors in 2022 Leading to a $8.7B Economic Impact

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Delos Reyes Palm Springs, a two-story boutique hotel located in Palm Springs, California. Delos Reyes Palm Springs is two-story, 65 key property located in the heart of Palm Springs. This property offers an exceptional combination of location, amenities, and income potential. With Palm Springs' strong tourism industry and year-round appeal, this property represents an excellent investment for those looking to capitalize on the thriving hospitality market in the region.

Exclusively Listed By

Financing By

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