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The Weekend 111 S Via Las Palmas 10 Room Hotel Palm Springs, CA 92262 $3,450,000 ($345,000/Room) 5.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Premier Old Las Palmas Location
- Spacious Two-Bedroom Suites w Kitchenettes and Large Private Patios
- Strong RevPAR Potential
- Fully Renovated Luxury Boutique Asset - Over $3.5 million spent
- Turnkey, Fee Simple
- Ideal for Owner Operator
EXECUTIVE SUMMARY
Maxim Hotel Brokerage, Inc. is pleased to present an exclusive listing on The Weekend Hotel, a fully renovated, luxury boutique hotel located in the Old Las Palmas neighborhood—one of Palm Springs’ most prestigious and historically significant districts. The property features ten spacious, private suites with curated mid-century interiors, enclosed patios, mature landscaping, and resort-quality amenities centered around a newly upgraded courtyard pool.
The hotel has been meticulously restored at a cost in excess of the asking price, and operated as an upscale, design-driven hospitality asset with exceptionally strong guest reviews and repeat clientele. Its location—steps from Uptown Design District—positions it to capture premium ADR and strong year-round demand.
The hotel has been meticulously restored at a cost in excess of the asking price, and operated as an upscale, design-driven hospitality asset with exceptionally strong guest reviews and repeat clientele. Its location—steps from Uptown Design District—positions it to capture premium ADR and strong year-round demand.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Title and Insurance
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Pool
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 10 | $66.00 | - |
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 505-221-005 | Improvements Assessment | $1,325,850 (2025) |
| Land Assessment | $449,840 (2025) | Total Assessment | $1,775,690 (2025) |
PROPERTY TAXES
Parcel Number
505-221-005
Land Assessment
$449,840 (2025)
Improvements Assessment
$1,325,850 (2025)
Total Assessment
$1,775,690 (2025)
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The Weekend | 111 S Via Las Palmas
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