Looking for Investor - Boutique Hotel Investment Opportunity (OFF-MARKET)

[Kyle Hoff]

Palm Springs, CA - I am an agent and I have an off-market listing for a 25-Room Boutique Hotel and I am looking for a buyer/investor. The hotel is turnkey and currently operating at 18 rooms. Owner operated with positive cashflow, pool, fitness room, EV charging and has tremendous value add opportunities. Biggest opportunity to note - owners have obtained full type 70 liquor license and have not implemented alcohol sales into operations. There is a passthrough bar and the liquor license is included in the sale. Potential value add opportunities: convert rooftop to bar/lounge or additional rooms, increase operations from 18 to 20-25, on-site food & beverage sales, contactless management/self check-in, update/renovate rooms, and the list goes on.

Offered at: $5.5M

For additional information and pictures: OM available upon request.