220 S. Patencio Rd., Palm Springs, CA 92262 - 219047996PS - iPro Real Estate

220 S. Patencio Rd.
Palm Springs, CA 92262

Deleted, Multi-Family/Income Sale

For Sale

$2,400,000

Free Professional CMA

Listing ID : 219047996PS

  • Year

    1930

Description

Located in the Historic Tennis Club neighborhood next to Downtown Palm Springs, The Old Ranch Inn has been successfully operating as an 8-room Boutique Hotel. Increased revenue possible with a minimal improvement cost by adding 9th room, currently used as office space. Each room is unique, all with Kitchens/Kitchenettes to serve short term and long-term (28 days or more) guests. Hotel License will be transferred at time of sale. Transient Occupancy Tax (TOT) does not have to be paid on long term occupanci

Details

Type: Multi-Family/Income Sale 
County: Riverside 
Tax ID: 513133014
Pool: Yes
Pool Features: In Ground, Private 
Appliances: Electric Water Heater, Refrigerator 
Heating: Zoned 
Number of Units: 9 
Property Type: Residential Income 
Roof: Rock/Gravel, Tile 
Sub Type: Multi Family 

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33.820786 -116.550888 $2,400,000 219047996PS
220 S. Patencio Rd., Palm Springs, CA 92262
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Listed by Sandra Quinn with Berkshire Hathaway HomeServices California Properties