The Wesley Palm Springs

sold
  • $2,295,000
  • 12,696 Lot Size
  • 9 Bedrooms

Description:

Zoned R3 & currently in process of hotel conversion. The Wesley Palm Springs is meticulously maintained w/ modern updates while adhering to its Mid-Century aesthetic. The grounds include a lush desert landscape, cabana sitting areas, pool, spa, outdoor living room & fire dining table, outdoor kitchen, & laundry facilities. Centrally located in a private/serene environment within walking or biking distance of all the best Palm Springs restaurants & shopping. The Wesley is carefully curated for the ideal Palm Springs guest experience & features resort class amenities for the modern savvy traveler. Made up of 10 flats ranging from deluxe studios to 2 bd, 2 bath, all flats feature private & lush garden patios to take in your morning ritual or to escape the late day warmth, cocktail in hand. Individual private patios w/ gas grills allow guests to enjoy outdoor dining at its best. Cap rate of over 10% in its first year with significant growth potential.

Features:

  • Price: $2,295,000
  • Address: 711 South Riverside Drive
  • City: Palm Springs
  • State: California
  • Bedrooms: 9