Property Showcase

Palm Springs, CA 92262 0

$2,500,000
Multi-Family
Status: Active
  • Bed:8
  • Bath:9
  • Sqft:
  • Lot:11,427 sq ft
  • MLS#: 17238522PS
34-117
Courtesy Of Bennion Deville Homes

Description:

Class A iconic hotel (on hotel row) in the famous Tennis Club. Property is surrounded by multi-million dollar hotels & resorts and this is one of the best Inns in Palm Springs! Created in the spirit of the "Old West" the heritage of Palm Springs awaits you at the Old Ranch Inn. Totally remodeled and restored back to its "glamour days". Located just steps away from downtown Palm Springs! This award winning Inn offers eight beautiful (private) guest suites surrounded by lush landscaping and stunning mountain views! Gorgeous pool and 9th suite option available. ORI has a proven sales history with strong bookings for 2019! 5 Star Trip Advisor rating and Continental breakfast now offered and being well received by over 500 current & returning guests. RARE OPPORTUNITY!

Main Features:

Listing Status Active Year Built 1930
Floors 1 County riverside
Rental Price $0 Units 8
Zoning R3

Additional Features:

Appliances Built-Ins
Dishwasher
Dryer
Microwave
Refrigerator
Washer
Cooling Air Conditioning
Ceiling Fan(s)
Electric
Room Refrig Air
Exterior Stucco
Wood
Faces Faces West
Financing Cash
Cash to New Loan
Conventional
Fireplace Fire Pit
Fireplace Location Other
Heating Central Furnace
Other
Laundry Location Laundry Area
Levels Ground Level
Lot Description Corners Established
Curbs
Exterior Security Lights
Landscaped
Lot-Level/Flat
Sidewalks
Street Asphalt
Street Lighting
Street Paved
Walk Street
Lot Location City
Near Public Transit
Parking Driveway
Possession Negotiable
Roof Other
Special Conditions Standard Sale
Terms Cash
Cash To New Loan
Conventional
Exchange Down
Exchange Up
Owner May Carry
TV Service Cable TV
View Mountain View
Water District DESERT WATER

Extra Features:

Annual Expenses 1.00 Cap Rate 8.00
Gross Income 1.00 Listing Agent License Number 01898608
Net Operating Income 1.00 Parking Spaces 8

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2019 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2019 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 8/23/2019 1:26:50 AM

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Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2019 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2019 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 8/23/2019 1:26:50 AM

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