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The
Nurturing Nest
$1,070,000.00
11149 Sunset Ave
Desert Hot Springs, CA 92240
* Shown By Broker Appointment
Description:
One of the finest small boutique hotels in the Palm Springs
area. Located in Desert Hot Springs directly over a huge aquifer
of hot mineral water, this holistic health spa offers a tranquil
and serene hideaway to relax, reflect, and rejuvinate. The resort
offers a full menu of spa treatments including and Ayurvedic
treatment that initiates a profound and lasating relaxation
and sense of well-being. Ideal for balancing the Doshas. The
hotel has lovely valley and mountain views, and there is a serene
zen quality to the courtyard with tranquil fountain, and the
clean, hip, and stylishly appointed rooms.
Call for financials.
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PropertyType
Hotel/Motel
Year Built 1960
No. of Rooms 7
Building size 3,500 sq ft
Lot Size 29,000 sq ft
Price/Room $152
Cap Rate 15.3%
Cash on Cash 27%
Pool yes
Spa yes
Mineral Hot Springs yes
Gross Income Proforma $303,350
Total Operating Expenses $161,010
Net Operating Income $142,340
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Financial:
For additional financial information please print Confidentiality
Agreement and fax to (760) 322-9266 |
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This
information, while not guaranteed, has been obtained from sources
deemed reliable.
Buyer must verify the information and bears all risks for any
inaccuracies. |
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