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Emerald Springs Resort 68055 Club Circle Dr 17 Room Hotel Desert Hot Springs, CA 92240 $2,575,000 ($151,471/Room)
INVESTMENT HIGHLIGHTS
- Seller Financing Available!
- Located in the 120 Degree Hot Water Region
- Kitchen/Restaurant
- Newly Renovated
- Two On-Site Wells
EXECUTIVE SUMMARY
Introducing Emerald Springs Resort, a 17-room boutique hotel within the captivating city of Desert Hot Springs. Enveloped by the allure of the city’s famed “miracle water,” drawn from both hot underground springs renowned for their therapeutic qualities, this haven of tranquility is incorporated into the property and offers an unforgettable experience. The property showcases two outdoor pools, one indoor spa, sauna, private soaking tubs, outdoor barbeque area, community room and kitchen/restaurant.
Currently undergoing an extensive revitalization, the property is in the midst of a transformation that presents a fresh canvas for a new owner to embrace. With the opportunity to wield creative influence over the redesign, the new owner can seamlessly integrate their vision and aspirations into the very fabric of the resort.
Currently undergoing an extensive revitalization, the property is in the midst of a transformation that presents a fresh canvas for a new owner to embrace. With the opportunity to wield creative influence over the redesign, the new owner can seamlessly integrate their vision and aspirations into the very fabric of the resort.
PROPERTY FACTS
| Price | $2,575,000 | No. Rooms | 17 |
| Price Per Room | $151,471 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1964 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.59/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.53 AC | Zoning | VS - Vacation Service |
| Building Size | 8,782 SF |
| Price | $2,575,000 |
| Price Per Room | $151,471 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 8,782 SF |
| No. Rooms | 17 |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Exterior |
| Zoning | VS - Vacation Service |
AMENITIES
- Pool
- Restaurant
- Outdoor Pool
- Public Access Wifi
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 17 | $73.00 | - |
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PROPERTY TAXES
| Parcel Number | 644-072-001 | Improvements Assessment | $781,098 |
| Land Assessment | $150,107 | Total Assessment | $931,205 |
PROPERTY TAXES
Parcel Number
644-072-001
Land Assessment
$150,107
Improvements Assessment
$781,098
Total Assessment
$931,205
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Emerald Springs Resort | 68055 Club Circle Dr
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