537 S Grenfall Rd, Palm Springs, Riverside County, CA, 92264 Silicon Valley CA US

USD 2850000 For Sale
MLS: 23-262613

Property Details

Bedrooms

9

Bathrooms

5

Property Type

MultiFamily

Description

The Property is ideally located within the Warm Sands neighborhood and is within a 3-minute drive to the numerous restaurants, retail and nightlife offered in Downtown Palm Springs. Originally built in 1957, this distinctive 9-room, adult only hotel is set around a tranquil courtyard which features a crystalline salt water outdoor pool, relaxing jetted spa, and features a barbecue area. There are 4 different types of suites available, featuring full kitchens, kitchenettes, private patios, exterior seating areas and private living areas. The Property offers the savvy investor or user an opportunity to purchase a boutique hotel income producing Property with 9 room suites, in room kitchenettes, a fabulous courtyard with a pool and jacuzzi all surrounded by stunning mountain views.The Avance Hotel offers a luxurious experience for guests, with spacious rooms, premium bedding and top-notch amenities. With the popularity of Palm Springs as a tourist destination, the demand for high quality accommodations remains high, offering the discerning investor the opportunity to generate high occupancy rates and future returns. Find out more about this property. Request details here

Location

Address

537 Grenfall Road, Palm Springs, California 92264, United States

City

Palm Springs

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Real Estate Broker
Ginger Glass
Top Tags
537 S Grenfall Rd Palm Springs Riverside County CA
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