1333 N. Indian Canyon Drive

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1333 N. Indian Canyon Drive

Palm Springs, CA 92262-4878
Asking Price
$5.50M
Asset Type
Hotel Hospitality
Class
Class B

What's Special

Hospitality | 20 Keys <ul><li>​Adjacent Portfolio Creating Scale: Rare opportunity to acquire two side-by-side boutique hotel properties, enabling a combined 20-key operation. This scale allows for centralized management, branding, and operational efficiencies not typically available in smaller Palm Springs assets.</li><li>​Current Use vs. Optimal Use: The properties are currently operated as short-term group rental accommodations rather than traditional hotel operations. Transitioning to a professionally managed bou

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NOI
$80,000
Cap Rate
1.45%
DSCR
0.24
Underwater
Cash-on-Cash
-14.94%
Monthly Payment
$27,210.999
Annual Cash Flow
$-246,531.989

Location & Travel Times