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16 Room | High Design Hotel 288 E Camino Monte Vis 16 Room Hotel Palm Springs, CA 92262 $6,400,000 ($400,000/Room) 8.11% Cap Rate



Investment Highlights
- 16-room luxury boutique gay men's resort that competes within the high-end specialty lodging segment of the Palm Springs market
- Completely Renovated Turnkey Asset
- 82.4% Average Occupancy and $285.33 ADR
- Descanso has received TripAdvisor's highest honor, the Travelers' Choice "Best of the Best" award for 2023
- Ideally Positioned for Owner-Operator or Investor while keeping the On-site staff in place
Executive Summary
Matthew Luchs and Matthew Ambrose of Zacuto Group are pleased to exclusively present Descanso Resort, a premier gay men’s boutique resort ideally situated in the heart of Palm Springs. Originally reopened in January 2022 following a comprehensive, top-to-bottom renovation and complete repositioning, Descanso has rapidly emerged as one of the most acclaimed and sought-after hospitality offerings in the market.
Descanso Resort is a 16-room luxury boutique property that competes within the high-end specialty lodging segment of the Palm Springs hospitality landscape. The resort offers a thoughtfully curated mix of spacious accommodations designed to deliver a refined yet relaxed guest experience, with a consistent emphasis on privacy, comfort, and indoor-outdoor living.
The property has been meticulously designed and repositioned to deliver a high-end, design-forward hospitality experience, blending modern finishes with the intimate scale and exclusivity that define Palm Springs’ premier boutique resorts. Since reopening, Descanso has cultivated a loyal and growing guest base, driven by strong brand identity, exceptional guest reviews, and repeat visitation.
This offering represents a rare, turnkey opportunity to acquire both the fee-simple real estate and the fully operational business of a stabilized, income-producing boutique resort. With proven in-place cash flow, an established market presence, and a fully integrated operational platform, a new owner is well-positioned to capitalize on existing performance while unlocking additional revenue opportunities through rate growth, branding, and experiential enhancements.
Located in one of the most supply-constrained and high-barrier-to-entry hospitality markets in Southern California, Descanso benefits from Palm Springs’ global reputation as a premier leisure destination, particularly within the LGBTQ+ travel community. The convergence of limited new supply, strong tourism fundamentals, and increasing demand for curated, lifestyle-driven accommodations positions the asset for continued growth and long-term appreciation.
Overall, Descanso Resort offers a compelling opportunity to acquire a best-in-class boutique hospitality asset with durable demand drivers, institutional-quality characteristics, and meaningful upside in one of the most dynamic resort markets in the United States.
Descanso Resort is a 16-room luxury boutique property that competes within the high-end specialty lodging segment of the Palm Springs hospitality landscape. The resort offers a thoughtfully curated mix of spacious accommodations designed to deliver a refined yet relaxed guest experience, with a consistent emphasis on privacy, comfort, and indoor-outdoor living.
The property has been meticulously designed and repositioned to deliver a high-end, design-forward hospitality experience, blending modern finishes with the intimate scale and exclusivity that define Palm Springs’ premier boutique resorts. Since reopening, Descanso has cultivated a loyal and growing guest base, driven by strong brand identity, exceptional guest reviews, and repeat visitation.
This offering represents a rare, turnkey opportunity to acquire both the fee-simple real estate and the fully operational business of a stabilized, income-producing boutique resort. With proven in-place cash flow, an established market presence, and a fully integrated operational platform, a new owner is well-positioned to capitalize on existing performance while unlocking additional revenue opportunities through rate growth, branding, and experiential enhancements.
Located in one of the most supply-constrained and high-barrier-to-entry hospitality markets in Southern California, Descanso benefits from Palm Springs’ global reputation as a premier leisure destination, particularly within the LGBTQ+ travel community. The convergence of limited new supply, strong tourism fundamentals, and increasing demand for curated, lifestyle-driven accommodations positions the asset for continued growth and long-term appreciation.
Overall, Descanso Resort offers a compelling opportunity to acquire a best-in-class boutique hospitality asset with durable demand drivers, institutional-quality characteristics, and meaningful upside in one of the most dynamic resort markets in the United States.
Property Facts
Amenities
- Pool
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Solar Panels
- Cafe
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $395.00 | - |
| Guest Room | 14 | $342.00 | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 507-030-007 | Improvements Assessment | $2,239,148 |
| Land Assessment | $742,845 | Total Assessment | $2,981,993 |
Property Taxes
Parcel Number
507-030-007
Land Assessment
$742,845
Improvements Assessment
$2,239,148
Total Assessment
$2,981,993
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16 Room | High Design Hotel | 288 E Camino Monte Vis
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