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69151 E Palm Canyon Dr
Cathedral City, CA 92234
69151 E Palm Canyon Dr · Hospitality Property For Sale · 46,136 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.89 AC
Construction Status Demolished
Building Size 46,136 SF
No. Stories 3
Year Built 1985
Tenancy Single
Parking Ratio 1.05/1,000 SF
Zoning CPS, Cathedral City

AMENITIES

  • Fitness Center

ABOUT 69151 E PALM CANYON DR , CATHEDRAL CITY, CA 92234

Red Lion Inn & Suites is a 3-storydor limited-service hotel with exterior hallways covering 46,136 sf of space. There is one building, with 97 guestrooms, two meeting rooms, a laundry facility, an employee lounge, a maintenance room, three offices for the manager and staff, a breakfast room with two prep rooms, and lots of storage space. The improvements are of Class D, wood frame and stucco construction built in 1985. The outdoor pool, equipped with an ADA approved pool lift, and the Jacuzzi are heated by a solar thermal system. All guestrooms have flat-screen TV' s, granite counters, LED lighting, and new water efficient toilets. There is a paved parking lot for 102 stalls. The first floor rooms have laminate flooring in the living rooms. Each guest room has one king or two queens or doubles. Each room has a cable TV, refrigerator, microwave, coffee maker, dresser, and phone. Rooms are also equipped with a desk or a dining table with two chairs. The hotel has an outdoor pool and Spa, a computer center, two meeting rooms, and a breakfast area. Red Lion Inn & Suites is a 97 room limited service hotel located on a 1.89 ac parcel at 69151 E. Palm Canyon Drive (SW corner of East Palm Canyon Drive and Sungate Way), Cathedral City, CA 92234. The site is zoned commercial, and the Riverside County tax assessor' s ID# is 674-500-028. ·The Coachella Valley is located 110 miles east of LA and 120 miles NE of San Diego and has a full-time population of approximately 500,000 residents, but enjoys another 150,000 part-time residents (snowbirds) and over 3 million tourists per year. The Coachella Valley is a primary tourist destination due in part to the 350 days of sunshine per year, as well as an abundance of natural recreation attractions along with more than 120 golf courses and world class vacation resorts. The vibrant economy of the Valley is fueled by agriculture, Indian gaming casinos, festivals and tourism.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
674-500-028
Land Assessment
$1,250,000
Improvements Assessment
$10,500,000
Total Assessment
$11,750,000
  • Listing ID: 4805845

  • Date on Market: 11/3/2016

  • Last Updated:

  • Address: 69151 E Palm Canyon Dr, Cathedral City, CA 92234

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