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555 S WARM SANDS DR Palm Springs CA 92264-7632

[Locked] • APN 508213001

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Details
Property Type Hospitality
Sub Type Hotel
Building SqFt 13,460
Lot SqFt 42,798
Acreage ******
Number of Units 3
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code R-2
Year Built 2020
Building Count 2
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

Ideally located in the heart of Palm Springs, Les Cactus Palm Springs is a highly acclaimed 28-room property (with one room currently used as a spa/massage space) that captures the quintessential Palm Springs lifestyle. This beautifully curated hotel has been meticulously maintained and continuously upgraded, delivering exceptional guest experiences and strong financial performance. Property Highlights include Award-Winning Design: Featured on the cover of Great Escapes USA. Hotel Book (TASCHEN), recognized for its stylish, mid-century-inspired design. Top-Rated Guest Experience: Consistently high rankings with strong guest satisfaction: TripAdvisor - 4.8 Stars (556 reviews), Google - 4.8 Stars (309 reviews), Expedia - 9.4/10 (450 reviews), Booking.com - 9.2/10 (410 reviews). Unique outdoor amenities include Saltwater pool, hammock garden, fire pit lounge, lush tropical landscaping, multiple seating areas - all set within a fully walled and secured lot. Thoughtful Guest Services feature complimentary continental breakfast, snacks, curated beer, wine, and cocktail selections, high-speed Wi-Fi, bicycles for guest use, and a stylish, intimate lobby. This turnkey operation boasts strong occupancy rates and proven profitability with glowing guest reviews. Value-Add Opportunities include but are not limited to the 28th Guest Room: Convert the existing spa/massage room back to a permitted guest room to immediately increase revenue. Expand the F&B Program by transforming the current BOH kitchen and/or the massage room into an expanded bar and kitchen, enabling made-to-order breakfast, lunch, and a full craft cocktail menu to enhance the guest experience and drive incremental revenue. Optimize revenue by implementing advanced revenue management software to further increase ADR and maintain competitive market positioning. Offer event Buyouts to capitalize on numerous wedding and group buyout requests that present untapped revenue potential. With excellent financials, a prime Palm Springs location, and multiple avenues for future growth, Les Cactus presents a rare opportunity for investors to acquire a high-performing, turnkey boutique hotel with tremendous upside. Do not disturb operations. Showings available only to qualified buyers with proof of funds. Full financials and property details available upon request.

Investment Highlights

Prime Palm Springs Location | Strong Financials | Top Ratings | Future Value-Add Potential

Ideally located in the heart of Palm Springs, Les Cactus Palm Springs is a highly acclaimed 28-room property (with one room currently used as a spa/massage space) that captures the quintessential Palm Springs lifestyle. This beautifully curated hotel has been meticulously maintained and continuously upgraded, delivering exceptional guest experiences and strong financial performance.

Property Highlights:

  • Award-Winning Design: Featured on the cover of Great Escapes USA. Hotel Book (TASCHEN), recognized for its stylish, mid-century-inspired design.

  • Top-Rated Guest Experience: Consistently high rankings with strong guest satisfaction:

    • TripAdvisor – 4.8 ★ (556 reviews)

    • Google – 4.8 ★ (309 reviews)

    • Expedia – 9.4/10 (450 reviews)

    • Booking.com – 9.2/10 (410 reviews)

  • Unique Outdoor Amenities: Saltwater pool, hammock garden, fire pit lounge, lush tropical landscaping, multiple seating areas – all set within a fully walled and secured lot.

  • Thoughtful Guest Services: Complimentary continental breakfast, snacks, curated beer, wine, and cocktail selections, high-speed Wi-Fi, bicycles for guest use, and a stylish, intimate lobby.

  • Turnkey Operation: Strong occupancy rates and proven profitability with glowing guest reviews.

Value-Add Opportunities:

  • 28th Guest Room: Convert the existing spa/massage room back to a permitted guest room to immediately increase revenue.

  • Expanded F&B Program: Transform the current BOH kitchen and/or the massage room into an expanded bar and kitchen, enabling made-to-order breakfast, lunch, and a full craft cocktail menu to enhance the guest experience and drive incremental revenue.

  • Revenue Optimization: Implement advanced revenue management software to further increase ADR and maintain competitive market positioning.

  • Event Buyouts: Capitalize on numerous wedding and group buyout requests that present untapped revenue potential.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Relationship Type
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Mortgage Recording Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Mortgage Document Number
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Mortgage Estimated Interest Rate Indicator
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Resale Flag
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Sales Price Code
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Transaction Type
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Mortgage Loan Trans Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
ST
Scott Timberlake PRO
•••.•••.7578
••••••••••••lake@••••••.com
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