InnShopper > Inns for Sale > California > Palm Springs > Stardust Hotel

Stardust Hotel


Palm Springs, CA   Offered for sale at $1,199,000
 

Welcome to the Stardust Hotel & Resort. A Mid Century inspired desert architecture property. Tucked away in a key location in sought after South Palm Springs Hotel District; offering privacy and serenity with nicely appointed rooms; many with dramatic mountain views. The Resort is well maintained and currently managed by a 3rd party. Stardust Boutique Hotel is very competitively priced in our dynamic real estate market. The $/ Door is below the comparable hotels sold. Herein lies an excellent value-add opportunity for the forward-looking investor. Continue to improve /remodel and capture this upside in continuing bringing the resort back to its original glory.



Property Details
  • Potential Inn
  • 10 Guest Rooms
  • 10 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1955
  • Last Renovated in 2016
  • Opened in 2016
  • Building is 3,900 SQFT
  • Lot is 0.18 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,199,000
  • Occupancy Rate: 35
  • Average Daily Rate: 129
  • Annual revenue is $177,086
  • Prequalify for Inn Financing on this property
Contact Information