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12921 Tamar Drive - The Ambassador Health Spa Hotel, Desert Hot Springs, CA

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12921 Tamar Drive - The Ambassador Health Spa Hotel

NWC of Tamar Dr. & Hacienda Ave.
Desert Hot Springs, CA 92240 - Coachella Valley Submarket

Property Type:Hospitality Number of Rooms:22 Status:Existing Year Built:1960
Stories:2 Building Size:11,257 SF Land Area:.87 AC (38,071 SF)
For Sale Price:$1,299,000 Price/Room:$59,045 Cap Rate:-

Parking:2.67 Parking Spaces / 1,000 SF

21 Room Hotel with hot mineral springs for the pool & spa; includes manager's office & two treatment rooms.

Sale Notes:
The Ambassador Hotel & Spa was operated for many years as a resort hotel and spa with marvelous hot mineral water supplied by their own hot water well. For the last few years the property has been operated as an apartment hotel currently grossing in excess of $165,000 annually. The hotel/ apartment hotel consists of 22 rooms plus office. There are four- 2BR apartments, two-1br apartments and 16 studio/guest rooms, all rooms have kitchen facilities. There is a beautiful outdoor swimming pool and a spacious outdoor spa pool. One of the studios has a redwood deck and private hot tub. The property has its own 130 degree hot mineral water well and the entire property is walled and private.
Desert Hot Springs is located just to the North of Palm Springs. The Ambassador is 15 minutes by car from the Palm Springs International Airport, 2 hours from Los Angeles and San Diego and 41/2 hours from Phoenix and Las Vegas. Desert Hot Springs is world famous for its huge underground aquifer of hot mineral which provides theraputic value for persons with arthritis and other joint diseases. The drinking water has won national taste competitions all across the US.

Keller Williams Realty
Richard DeCarlo
(760) 578-1466

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