12921 Tamar Drive, Desert Hot Springs, CA 92240
-
Listed Price :
$5,450,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1960
Property Description
Amazing down-to-the-studs renovated Hospitality investment opportunity; Introducing The Onsen Hotel, the highest-rated and best-reviewed hotel in beautiful Desert Hot Springs California! This #1 ranked hotel on Trip Advisor is adult-only and pet-friendly with several other unique amenities including Mineral Water spa packages, deluxe breakfast, and a bevy of room & bed options to choose from. The Hotel, Spa space, pool, and 21 current rooms have been fully renovated and finished with unique luxury finishes sure to please every discerning guest, and the next owner has the option to alter the offering and create 2 additional rooms for increased Revenue and NOI. The purchase also comes with the adjacent lot to be developed to spec with its own mineral water well, allowing the next owner to develop additional rooms, a separate spa facility, or anything else you can imagine. Desert Hot Springs Values continue to rise as the market is edged out of Palm Springs proper, come get your hands on this great hospitality property before its too late!
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
12921 Tamar Drive |
| City |
Desert Hot Springs |
| State |
CA |
| Zip |
92240 |
| County |
Riverside |
| Listing Agent |
Adam Gilbert DRE #01914157 |
| Co-Listing Agent |
Joel Handshuh DRE #02162825 |
| Courtesy Of |
The Firm Brokerage |
| List Price |
$5,450,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
1 |
| Year Built |
1960 |
Listing information courtesy of: Adam Gilbert, Joel Handshuh, The Firm Brokerage. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 10:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
