589 Grenfall RdPalm Springs, CA 92264

Exceptional opportunity to acquire the El Noa Noa Hotel, a charming 8-key boutique hotel nestled in the desirable Warm Sands neighborhood of South Palm Springs, California. This meticulously maintained property, situated on an 11,326 sq ft lot (APN 508-211-005), boasts a prime location less than a mile from Downtown Palm Springs, offering easy access to hiking trails, the Palm Springs Film Festival, and vibrant shopping and dining. Originally built in 1957, the hotel underwent a complete renovation in 2016, featuring first-class improvements, furnishings, and fixtures. The $3,000,000 asking price translates to $375,000 per key, presenting a compelling investment opportunity. The property includes a manager's unit, adding to its operational flexibility. Its versatile design allows for various operational models, including a thriving boutique hotel, a private retreat, or a venue for group buyouts and specialized events. This turnkey operation offers significant revenue potential and the chance to own a piece of Palm Springs' vibrant hospitality scene. The property's recent upgrades ensure a seamless transition for new ownership, minimizing immediate capital expenditures. This is a rare chance to acquire a well-established and profitable hotel in a highly sought-after location.