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- LoopNet Team
82347 Highway 111
Indio, CA 92201
Royal Plaza Inn Indio · Hospitality Property For Sale
·
27,773 SF
INVESTMENT HIGHLIGHTS
- 99 Rooms Interior Corridor Fully Renovated Free Standing Restaurant 175 seating -lease finalized/$ 130,600 Per Year Lease Incomes
- Just 3 Miles to Coachella Music Festival venue -250,000 attendance 5 Miles to BNP Paribas Indian Wells Tennis stadium
- Indio is the largest & fastest growing city in the Coachella valley
- Current owner has operated the hotel for 22 years as Independant hotel. Many Franchise possibilities
- Indio is the City of Festivals -1.4 Million Visitors every year
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2018 |
| Building Class | C | Parking Ratio | 3.28/1,000 SF |
| Lot Size | 2.48 AC | Corridor | Exterior |
| Building Size | 27,773 SF | ||
| Zoning | C2 - Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.48 AC |
| Building Size | 27,773 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2018 |
| Parking Ratio | 3.28/1,000 SF |
| Corridor | Exterior |
| Zoning | C2 - Hotel |
AMENITIES
- Balcony
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 82347 HIGHWAY 111 , INDIO, CA 92201
The property has four buildings, two of which houses the guest rooms, a free standing conference room of 1,158 square feet, and a 5,400 square feet Restaurant. Attached to the lobby is a one bedroom Managers Quarters approximately measuring 1,150 square feet. The improvements consists of a hotel and restaurant on 2.48 acres of land. The total built area is 50,401 Sq.Ft. of which the hotel occupies 45,001 Sq.Ft. The hotel also includes a lobby, managers quarters, laundry, typical linen storage area. It is an interior corridor hotel with guest rooms situated on either side of an enclosed central corridor. Access to the second floor is through stairways. There are no elevators.
PROPERTY TAXES
| Parcel Number | 614-031-002 | Improvements Assessment | $6,752,400 |
| Land Assessment | $1,101,600 | Total Assessment | $7,854,000 |
PROPERTY TAXES
