2300 N Palm Canyon Dr, Palm Springs, CA 92262; Hotel for Sale ; G-1 in Riverside County
2300 N Palm Canyon Dr, Palm Springs, CA 92262; Hotel for Sale ; G-1 in Riverside County
The Adriatic Resort
Price: $12,175,000
Lot Size : 1.65 AC
No. Beds : 41
Built :
Property Type: Hotel for Sale
DESCRIPTION
Classic Palm Springs Mediterranean style hotel in great location right on the main road through Palm Springs. The Adriatic Villa has 20 condo style suites with full kitchens and amenities in every unit. Lobby with fire place, admin. Offices, housekeeping area, spa, 2 pools, jacuzzi and more. Each state has been subdivided for individual sales or rentals. There is currently an HOA which provides nearly 200,000 a year in dues. Internet advertising and vacancy sign provides most of the occupancy for nightly rentals. Additionally, Palm Springs has many events that fill all suites during specific periods.
