Buy&Build (Hotel): The Inn at Palm Springs, CA 92262 + $7,000,000
- Promise Land Realty
- Sep 24
- 4 min read
Updated: Oct 25
Hotel Investment Opportunity
Price
$7,000,000
Off-Market Opportunity:
2525 N Palm Canyon Dr, Palm Springs, CA 92262
Off-Market Investment Opportunity — The Inn at Palm Springs
Address: 2525 N Palm Canyon Dr, Palm Springs, CA 92262
Asking Price: $7,000,000
Building Size: 8,700 SF
Price Per SF: $805
2022 Cap Rate: 5.77%
2023 Cap Rate: 6.33%
Executive Summary
The Inn at Palm Springs is a boutique hospitality investment opportunity located in one of Southern California’s premier resort markets. This 8,700-square-foot property combines charm, strong historical occupancy, and operational efficiency, generating over $830,000 in gross income for 2023 with a net operating income (NOI) of $342,744. At the updated asking price of $7,000,000, the asset offers a solid 4.9% cap rate with room for value creation through improved marketing and modest capital upgrades.
Situated along the high-visibility North Palm Canyon corridor, The Inn benefits from year-round tourism, boutique positioning, and proximity to downtown Palm Springs’ top retail and dining attractions. Operating with a conservative expense ratio of 58.7%, the hotel demonstrates a disciplined management structure and healthy margins. With its consistent performance, the property offers immediate in-place income and long-term upside through rate optimization, brand enhancement, and experiential programming.
Current financing assumptions reflect a strong structure with 55% loan-to-value, a 7.0% interest rate, and a 25-year amortization, resulting in an estimated annual debt service of approximately $280,000 and cash flow of $68,287 for 2023. The Inn at Palm Springs is ideal for an owner-operator, boutique hotel investor, or family office seeking steady returns and appreciation in one of California’s most desirable resort submarkets.
Financial Summary
Income and Expenses
Expense Breakdown (2023)
Property Taxes: $74,970
Facilities, Rooms & Guest Supplies: $6,850.58
Marketing & Advertising: $2,791.00
Housekeeping & Cleaning Supplies: $3,770.31
Inventories: $5,914.14
Collaborative Partners: $92,144.56
Labor: $92,644.30
Service Providers: $35,857.26
Utilities & Energy: $52,976.01
Telecom & Web Services: $5,128.84
Insurance: $17,119.59
Industry Affiliations: $93,231.33
Total Expenses: $487,459.96
Financing and Returns (Reference Only)
Highlights
Boutique hotel with consistent operating performance and growth potential
Located along the high-traffic North Palm Canyon corridor
Efficient expense management and proven management structure
Financing available with 55% LTV and DSCR above 1.2
Ideal for boutique brand repositioning or hands-on owner-operator model
Submit All Offers & Inquiries Directly To: investments@promiselandrealtyllc.com
This is an off-market solicitation; please do not disturb area occupants or ownership.
Property Map
Inquiries & Offers: Promiseland Realty
TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
A $500 non-refundable Buyer Verification Commitment Deposit is required from all interested parties prior to contract execution. This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
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🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
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For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
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PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
A $1,000 non-refundable Commitment Fee is required from all interested parties prior to contract execution. This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
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