555 S Warm Sands Dr - Hospitality FOR SALE


Palm Springs, CA 92264- Warm Sands
$8,950,000 USD
760-333-7578
555 S Warm Sands Dr, Palm Springs, CA for Sale
$8,950,000 USD
Hospitality - FOR SALE
1/118
null | 8.64% Cap Rate

555 S Warm Sands Dr
Palm Springs, CA 92264
Warm Sands


HIGHLIGHTS

  • Prime Palm Springs location
  • Excellent financials
  • Exceptional Guest Ratings

OVERVIEW

Les Cactus Palm Springs – 28-Room Boutique Hotel for Sale Prime Palm Springs Location | Strong Financials | Top Ratings | Future Value-Add Potential Ideally located in the heart of Palm Springs, Les Cactus Palm Springs is a highly acclaimed 28-room property (with one room currently used as a spa/massage space) that captures the quintessential Palm Springs lifestyle. This beautifully curated hotel has been meticulously maintained and continuously upgraded, delivering exceptional guest experiences and strong financial performance. Property Highlights: Award-Winning Design: Featured on the cover of Great Escapes USA. Hotel Book (TASCHEN), recognized for its stylish, mid-century-inspired design. Top-Rated Guest Experience: Consistently high rankings with strong guest satisfaction: TripAdvisor – 4.8 ? (556 reviews) Google – 4.8 ? (309 reviews) Expedia – 9.4/10 (450 reviews) Booking.com – 9.2/10 (410 reviews) Unique Outdoor Amenities: Saltwater pool, hammock garden, fire pit lounge, lush tropical landscaping, multiple seating areas – all set within a fully walled and secured lot. Thoughtful Guest Services: Complimentary continental breakfast, snacks, curated beer, wine, and cocktail selections, high-speed Wi-Fi, bicycles for guest use, and a stylish, intimate lobby. Turnkey Operation: Strong occupancy rates and proven profitability with glowing guest reviews. Value-Add Opportunities: 28th Guest Room: Convert the existing spa/massage room back to a permitted guest room to immediately increase revenue. Expanded F&B Program: Transform the current BOH kitchen and/or the massage room into an expanded bar and kitchen, enabling made-to-order breakfast, lunch, and a full craft cocktail menu to enhance the guest experience and drive incremental revenue. Revenue Optimization: Implement advanced revenue management software to further increase ADR and maintain competitive market positioning. Event Buyouts: Capitalize on numerous wedding and group buyout requests that present untapped revenue potential. With excellent financials, a prime Palm Springs location, and multiple avenues for future growth, Les Cactus presents a rare opportunity for investors to acquire a high-performing, turnkey boutique hotel with tremendous upside. Do not disturb operations. Showings available only to qualified buyers with proof of funds. Full financials and property details available upon request.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$639 USD /SF

# OF ROOMS

27

PRICE/ROOM

$331,481 {currency}

CAP RATE

8.64%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Les Cactus

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1940

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

R2, Palm Springs

APN/PARCEL ID

508-213-001

ASK ABOUT THIS PROPERTY

Scott TimberlakeRealty TrustMore Info
760-333-7578

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Scott TimberlakeRealty TrustMore Info
760-333-7578

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.