Palm Springs Hospitality Conversion
For Sale
Contact for pricing
1700 S Palm Canyon Dr, Palm Springs, CA 92264
Fully renovated 66-unit property in prime Palm Springs location.
Property SizeContact for details
Days on Market82
Property Features for 1700 S Palm Canyon Dr
General Information
Standard status
Active
Property subtype
Other
Building Details
Year Built
1965
Year Renovated
2023
Units
66
Listing Agency:
Tammen Hospitality Partners
Listed By:
Josh Tammen · License #SA660169000
Source:
Commercialcafe
Added: May 22
Changed: Aug 8
Last Checked: Aug 8 at 7:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tammen Hospitality Partners
Investment Insights
Based on property information with market context.
Located in the Inland Empire market, the Royal Sun Palm Springs is a 66-unit property that was originally built in 1965 and fully renovated in 2023 with a $9M investment. The property is zoned R3 and is located in the heart of Palm Springs, near attractions such as the Palm Springs Art Museum, the Palm Springs Aerial Tramway, upscale dining, luxury shopping, and the Indian Canyons. This full-service property presents a turnkey opportunity for upscale brand conversions such as Marriott, Hilton, or Hyatt, with no PIP required. It features a full-service on-site bar and restaurant, and a roof top pool. The property has a projected $160-$200 RevPAR potential and a 58% RevPAR index against STR Comp Set. This property is suited for hospitality and full-service investors seeking to offer an unforgettable experience to their patrons.
Key Highlights
- Fully renovated 66‑unit property (2023) with a $9M investment.
- Prime location in the heart of Palm Springs, Inland Empire area.
- Zoned R3, presenting a turnkey opportunity for upscale brand conversions (Marriott, Hilton, Hyatt) with no PIP required.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 92264, CA
19,254
Population
17,518
Households
1.1
Avg Household Size
61
Median Age
48%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
378
Density / Sq Mi
$75,246
Median Household Income
$46,756
Median Earnings
$1,581
Median Rent
$498,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Fully renovated 66-unit property in prime Palm Springs location.
Where is this hotel located?
The property is located at 1700 S Palm Canyon Dr Palm Springs, CA.
What are key features of this property?
This property features: Fully renovated 66‑unit property (2023) with a $9M investment.; Prime location in the heart of Palm Springs, Inland Empire area.; Zoned R3, presenting a turnkey opportunity for upscale brand conversions (Marriott, Hilton, Hyatt) with no PIP required.
