Desert Palms Spa Motel | 67485 Hacienda Ave
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Desert Palms Spa Motel 67485 Hacienda Ave
40 Room Hotel Desert Hot Springs, CA 92240 $3,700,000 ($92,500/Room)
Investment Highlights
- Investment opportunity to purchase a 40-room resort with spa treatment rooms and a large pool with room for expansion and renovations underway.
- The Relax Hotel & Spa is an intimate, secluded property for relaxation and healthy living, along with the most phenomenal views the area offers.
- Desirable Coachella Valley tourist destination easily reached by Interstate 10 and the Palm Springs International Airport, less than 10 miles away.
- Nestled in "California's Spa City," home to numerous golf courses, Santa Rosa Mountains, year-round sunshine, and famous hot mineral waters.
Executive Summary
Relax Hotel & Spa at 67485 Hacienda Avenue is an investment opportunity to own a 40 room mineral hot springs hotel in the heart of Desert Hot Springs, California. The hotel's location offers some of the most incredible views in the area and special benefits for being in the opportunity zone.
The subject property comprises a 40-room resort and spa with spa treatment rooms, owners/managers units, and generous potential poolside areas for quiet relaxation. The Relax Hotel & Spa has a welcoming lobby, front desk, back office, storage rooms, and a large pool with the potential to add outside spa areas. A popular spot for group retreats, the spacious resort rooms are designed with a warm modern touch and feature individual HVAC units, interior kitchenettes, and top-notch fixtures.
Strategically located in Desert Hot Springs, known to have the world's best source of fresh hot mineral water for drinking to help aid nutrition and bathing to improve circulation and located within the Coachella Valley, in the foothills of Joshua Tree National Park in Southeastern California, a premium tourist destination for those seeking an authentic spa experience, the tranquility of the natural desert environment, and the therapeutic benefits of its mineral-rich waters. The Relax Hotel & Spa, with its immaculate appearance, superb condition, and excellent location, should continue to enjoy increased occupancy and profitability.
Please note the cap rate is a proforma rate, plus the total invested into the property, $2,500,000 (Not including the owner's purchase price). Buyer to verify condition of property and all permits. Please contact for more info.
Disclosure: Broker, seller and Broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/ lot lines/ dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information.
The subject property comprises a 40-room resort and spa with spa treatment rooms, owners/managers units, and generous potential poolside areas for quiet relaxation. The Relax Hotel & Spa has a welcoming lobby, front desk, back office, storage rooms, and a large pool with the potential to add outside spa areas. A popular spot for group retreats, the spacious resort rooms are designed with a warm modern touch and feature individual HVAC units, interior kitchenettes, and top-notch fixtures.
Strategically located in Desert Hot Springs, known to have the world's best source of fresh hot mineral water for drinking to help aid nutrition and bathing to improve circulation and located within the Coachella Valley, in the foothills of Joshua Tree National Park in Southeastern California, a premium tourist destination for those seeking an authentic spa experience, the tranquility of the natural desert environment, and the therapeutic benefits of its mineral-rich waters. The Relax Hotel & Spa, with its immaculate appearance, superb condition, and excellent location, should continue to enjoy increased occupancy and profitability.
Please note the cap rate is a proforma rate, plus the total invested into the property, $2,500,000 (Not including the owner's purchase price). Buyer to verify condition of property and all permits. Please contact for more info.
Disclosure: Broker, seller and Broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/ lot lines/ dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information.
Data Room Click Here to Access
Financial Summary (Pro forma - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$2,000,000
|
$111.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$2,000,000
|
$111.56
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$400,000
|
$22.31
|
| Net Operating Income |
$1,600,000
|
$89.25
|
Financial Summary (Pro forma - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $2,000,000 |
| Annual Per SF | $111.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $2,000,000 |
| Annual Per SF | $111.56 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $400,000 |
| Annual Per SF | $22.31 |
| Net Operating Income | |
|---|---|
| Annual | $1,600,000 |
| Annual Per SF | $89.25 |
Property Facts
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $73.00 | - |
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PROPERTY TAXES
| Parcel Number | 642-164-007 | Improvements Assessment | $2,309,688 |
| Land Assessment | $681,462 | Total Assessment | $2,991,150 |
PROPERTY TAXES
Parcel Number
642-164-007
Land Assessment
$681,462
Improvements Assessment
$2,309,688
Total Assessment
$2,991,150
zoning
| Zoning Code | VS (Visitor Serving) |
| VS (Visitor Serving) |
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Desert Palms Spa Motel | 67485 Hacienda Ave
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