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The Alexander Hotel 2249 N Palm Canyon Dr

10 Room Hotel Palm Springs, CA 92262 $2,300,000 ($230,000/Room)

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INVESTMENT HIGHLIGHTS

Fully Approved plans with the City
Restaurant space included

Ready for your vision

EXECUTIVE SUMMARY

The property at 2249 N Palm Canyon Drive in Palm Springs, California, is a mid-century modern boutique hotel, originally built in 1958. The hotel totals 7,500 square feet on a 0.44 AC lot which feature seven(7) units (City approvals to add three (3) additional rooms), a 3,800 square foot restaurant space, outdoor enclosed bar, large in-ground
pool and seventeen (17) parking spaces. The three (3) approved add on rooms are in place in the current structure, just need to be framed and finished. With fully approved plans an investor can start renovations immediately.

2249 N Palm Canyon Dr, Palm Springs, Brochure_MM CR_02192025

PROPERTY FACTS

Price	$2,300,000	Construction Status	Under Renovation
Price Per Room	$230,000	Building Size	7,500 SF
Sale Type	Investment	No. Rooms	10
Sale Conditions	Deferred Maintenance Redevelopment Project	No. Stories	1
Property Type	Hospitality	Year Built/Renovated	1958/2025
Property Subtype	Hotel	Parking Ratio	2.27/1,000 SF
Building Class	C	Corridor	Interior
Lot Size	0.59 AC

Price	$2,300,000
Price Per Room	$230,000
Sale Type	Investment
Sale Conditions	Deferred Maintenance Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.59 AC
Construction Status	Under Renovation
Building Size	7,500 SF
No. Rooms	10
No. Stories	1
Year Built/Renovated	1958/2025
Parking Ratio	2.27/1,000 SF
Corridor	Interior