Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus Palm Desert Resort, a 2/3-story Best Western-branded hotel located in Palm Desert, California. The property consists of three land parcels and four buildings. Newly renovated in 2024, the property features 152 exterior-corridor guest rooms (all with a patio or balcony), a fitness center, business center, cook-to-order breakfast with dining area and patio, sundry shop, 2,244 sq. ft. event space, an 805 sq. ft. Senita Meeting Room, a 432 sq. ft. Claret Meeting Room, and guest laundry. The guest rooms are spread across three buildings, two of which are designed in a courtyard style. Additional amenities include a resort-style pool with a spa and two tennis courts. Best Western Plus Palm Desert Resort is located on Highway 111 in Palm Desert, California, centrally positioned in the Coachella Valley. Highway 111 is the primary commercial corridor running through the valley. Palm Desert is one of the region’s most vibrant and upscale destinations, known for its high-end retail, golf courses, and year-round tourism. Just 14 miles from downtown Palm Springs—which has experienced consistent RevPAR growth and increased airport passenger counts over the past several years—the location offers exceptional visibility and access to two of Southern California’s top desert markets. Coachella Valley is host to annual events such as the BNP Paribas Open Tennis Tournament with over 500,000 attendees, the Coachella Music Festival, and Stagecoach Music Festival, with a combined attendance of 250,000 in 2024. It is also a short drive to the McCallum Theatre, Living Desert Zoo, La Quinta Village, local casinos, Indio Fairgrounds, Empire Polo Club, Palm Springs Convention Center, Palm Springs Aerial Tramway, Joshua Tree National Park, and several hiking trails. Our Pro Forma analysis assumes continued modest growth supported by increasing tourism, airport passenger counts, population, and demand growth in the Coachella Valley. Disclosure: public property records show a room count of 150; however, the owner states the actual physical room count is 152.