67711 30th Ave.
Cathedral City, CA 92234 ·
197 Rooms · Hotel & Motel For Sale
|Price||N/A||Property Use Type||Investment|
|No. Rooms||197||Construction Status||Under Construction/Proposed|
|Building Size||130,000 SF||Commission Split||3%|
|Property Type||Hotel & Motel||Corridor||Interior|
|Property Sub-type||Economy/Limited Service||Lot Size||11.20 AC|
|Listing ID: 17071941||Date Created: 03/17/2011||Last Updated: 08/30/2012|
The Hotel when completed will be 4 stories tall with 197 suites situated on over 11 acres of land with spectacular mountain views; all suites will have kitchenettes; amenities will include a swimming pool and 2 tennis courts. All agreements are in place with the franchisor, as well as a management contract and the building contractor. The lender of the construction financing became insolvent and pulled the construction financing so as it stands the foundation has been completed.
Located in Cathedral City Between Palm Springs and Rancho Mirage. Close to Agua Caliente Casino: Spa Casino, Downtown Palm Springs, Palm Springs International Airport and Palm Springs Convention Center. It is located next to the Cimarron Golf Resort. Close to I-10 Freeway at the Date Palm Drive exit.
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