Caliente Tropics Resort 411 E Palm Canyon Dr 92 Room Hotel Palm Springs, CA 92264 $7,750,000 ($84,239/Room)

- Prime Palm Springs Location: Located in the heart of Palm Springs, the property benefits from strong tourism demand, walkability, and proximity to major hotels, restaurants, and entertainment destinations.
- Boutique Resort Asset: This 92-room hotel featuring a diverse mix of guest rooms and suites, offering a unique, low-rise resort-style layout consistent with Palm Springs hospitality trends.
- Value-Add Opportunity: Opportunity to increase revenue through ADR growth, operational efficiencies, and repositioning to align with higher-performing boutique and lifestyle hotel concepts.
- Proven Operating History: The property demonstrates consistent revenue generation with strong seasonal performance and established market presence.
- ADR Growth Potential: Historical performance supports the ability to push room rates during peak demand periods, with additional upside through professional revenue management strategies.
- Strong Tourism Market Fundamentals: Palm Springs continues to experience strong tourism, event-driven demand, and limited new supply, supporting long-term hospitality investment fundamentals.
- Repositioning & Branding Upside: Opportunity for a new owner to implement branding, renovations, or concept upgrades to capture higher market share and increase overall asset value.
- Long-Term Leased Land Structure: Typical Palm Springs leased land structure with remaining term in place, providing a known and underwritten expense component.