641 E San Lorenzo Rd
Palm Springs, CA 92264
Escape Resort · Hospitality Property For Sale · 4,788 SF

Fantastic opportunity to acquire a successful mid-century gem. Built in 1956 and situated on over half an acre, this property exudes charm and style with beautifully maintained gardens, renovated rooms and superb views of the San Jacinto mountains. The resort features 13 rooms, including a Manager' s Unit, most of which surround the gardens and pool area. All rooms boast wood beamed, vaulted ceilings and are decorated in a minimalistic style. Efficient, ductless, mini-split air conditioning and heating systems have been installed throughout the property, many within the last 3 years. 6 rooms have kitchenettes and private patios. The property also houses a newly renovated lobby, breakfast kitchen and front entry courtyard. While currently operating at an 8% cap rate, there is room for improvement to take this beautiful resort to the next level. Also available is a 3 bedroom, 2 bath single-family residence directly behind the resort. The home could be used as an owner residence or additional income. Home purchase would be handled separately from resort. Please note: owners are licensed California real estate agents. Located in south Palm Springs, within walking distance of downtown in one of the city's most desired neighborhoods.