350 W Chino Canyon Rd | Palm Springs, CA 92262
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- LoopNet Team
350 W Chino Canyon Rd
Palm Springs, CA 92262
Tuscany Manor · Hospitality Property For Sale
·
18,496 sq ft
INVESTMENT HIGHLIGHTS
- Fractional Ownership in a prestigious Palm Springs Boutique Hotel, $1.5-$2MM buy in.
- Spacious private 1 or 2 bedroom suites with a dining area, living room, full kitchen, patio, ideal for a Hotel, Apartments, Airbnb.
- Nestled two hours southeast of Los Angeles, Palm Springs is known as a getaway for celebrities and a strong tourism destination.
- Mid-century complex with 25 (1 to 2-bedroom) apartment style suites, totaling 39 bedrooms, with full size kitchens/dining and living rooms.
- 350 W Chino Canyon Road sits on a 1.23-acre lot zoned for multi-family and provides ample parking, on-site laundry facilities, and a leasing office.
- Investment Opportunity - $2M per investor for 33% share, or 2 investors at $3M
PROPERTY FACTS
| Property Type | Hospitality | Property Size | 18,496 sq ft |
| Property Subtype | Hotel | No. Floors | 1 |
| Costar Property Class | B | Year Built/Renovated | 1956/1996 |
| Total Plot Size | 1.23 ac | Parking Allocation | 1.46/1,000 sq ft |
| Construction Status | Converted | Corridor | Interior |
| Use Class | RGA - Originally RGA | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 1.23 ac |
| Construction Status | Converted |
| Property Size | 18,496 sq ft |
| No. Floors | 1 |
| Year Built/Renovated | 1956/1996 |
| Parking Allocation | 1.46/1,000 sq ft |
| Corridor | Interior |
| Use Class | RGA - Originally RGA |
AMENITIES
- Pool
- Spa
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 504-300-011 | Improvements Assessment | £2,877,933 |
| Land Assessment | £719,483 | Total Assessment | £3,597,416 |
PROPERTY TAXES
Parcel Number
504-300-011
Land Assessment
£719,483
Improvements Assessment
£2,877,933
Total Assessment
£3,597,416
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