1269 East Palm Canyon Drive Palm Springs, CA 92264; Hotel & Motel For Sale; 7/19
QUALITY INN (Hotel Redevelopment Opportunity)
| Price | $7,500,000 | Property Use Type | Investment |
| No. Rooms | 143 | No. Stories | 2 |
| Building Size | 62,416 SF | Property on Ground Lease? | Yes |
| Price/Room | $52,447.55 | Year Built | 1978 |
| Property Type | Hotel & Motel | Corridor | Exterior |
| Property Sub-type | Economy/Limited Service |
Description
BACK ON THE MARKET!!
This is an Operating 143 Room Hotel & 2 Freestanding Restaurants on 3 Separate Parcels totaling 7 Acres. Shown by Appointment Only. Please Do Not Contact Hotel Personnel.
1201 East Palm Canyon Drive
– 7,500 SF Former Steakhouse
– 1.34 Acre Parcel
1243 East Palm Canyon Drive
– 4,375 SF Former Carrows Restaurant
– 0.94 Acre Parcel
1269 East Palm Canyon Drive
– 143 Room Quality Inn
– 4.71 Acre Parcel
Located in the highly popular East Palm Canyon Corridor between the Ace Hotel and the Saguaro Hotel. This desirable wind free area of Palm Springs is owned by the Agua Caliente Indians and ground leased to Hotels, Restaurants, Shopping Centers and Condominium projects throughout the corridor. The maximum terms are 99 year leases and extensions to older leases have been granted subject to appraisal and Bureau of Indian Affairs approval.
Just west of Sunrise Way on East Palm Canyon Drive
