Sol Springs Inn 67495 E Palm Canyon Dr 43 Room Hotel Palm Springs, CA 92264 $5,000,000 ($116,279/Room)

Property Tours
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Marcus & Millichap has been chosen to exclusively market for sale the Sol Springs Inn, a 2-story boutique hotel located in Cathedral City, California. The property includes 43 interior-corridor guest rooms, each equipped with a flat-screen television, refrigerator, and microwave, with select rooms featuring private patios. Common areas feature a heated outdoor pool and jacuzzi, guest laundry facilities, and vending machines. The site also presents strong redevelopment potential given its size, frontage, and the market’s ongoing trajectory toward higher-density hospitality or multifamily projects.
Sol Springs Inn is located off of Highway 111 and centrally positioned between Palm Springs and Rancho Mirage in the heart of the Coachella Valley. Highway 111 serves as the region’s main commercial and hospitality corridor, offering strong traffic counts and excellent visibility. Cathedral City has seen steady revitalization and investment in recent years, supported by new mixed-use developments, a growing dining and entertainment scene, and proximity to Palm Springs International Airport. The location provides convenient access to major valley destinations while benefiting from Cathedral City’s expanding tourism and business activity.
Coachella Valley is host to annual events such as the BNP Paribas Open Tennis Tournament with over 500,000 attendees, the Coachella Music Festival, and Stagecoach Music Festival, with a combined attendance of 250,000 in 2024. The property is also a short drive to the McCallum Theatre, Living Desert Zoo, La Quinta Village, local casinos, Indio Fairgrounds, Empire Polo Club, Palm Springs Convention Center, Palm Springs Aerial Tramway, Joshua Tree National Park, and several hiking trails.
The Sol Springs Inn represents the opportunity to acquire an independent hotel in a stable market with no brand or management encumbrances. Our Pro Forma analysis assumes continued modest growth supported by increasing tourism, airport passenger counts, population, and demand growth in the Coachella Valley.