Available
Independent
Johnson City, TX
Walden Retreats Hill Country
Walden Retreats is a 15-key luxury glamping resort on 96 acres in the Texas Hill Country, twenty-five minutes from downtown Fredericksbur…
15
Keys
Upon Request
Asking
ListingsPalm Springs, CA
A Place in the Sun Garden Hotel. Palm Springs, CA.
Available
- 17 keys
- Boutique
- Independent
- 1951
- Keys
- 17
- Brand
- Independent
- Chain Scale
- Boutique
- Year Built
- 1951
- Asking Price
- $5,750,000
- Encumbrance
- See OM
- Mgmt / Franchise
- Independent
- Call for Offers
- Open ended
Opportunity Overview
Position. Why this asset, now.
Mid-century boutique hotel in Palm Springs featuring 17 rentable units across a spacious 1.05-acre garden setting, approximately 1.5 miles from Downtown Palm Springs. The property includes twelve apartment-style villas with full kitchens and three units currently offline, presenting immediate revenue upside. Strong 11.31% cap rate with $650,427 NOI.
1. 05-acre lot with central garden oasis. Significantly larger than area peers.
Twelve apartment-style villas with full kitchens enabling higher ADR.
Three units offline for personal use. Turnkey path to immediate revenue growth.
1. 5 miles from Downtown Palm Springs and Agua Caliente Casino.
11. 31% cap rate with $650,427 net operating income.
20 total units with 17 currently generating revenue.
Gallery
See the asset. 2 photos in the full gallery.
Full gallery and OM available on request.
Location
Where the asset sits.
Address
754 E San LorenzoPalm Springs, CA
Palm Springs, CA
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A Place in the Sun Garden Hotel FAQ
- What's the asking price on the A Place in the Sun Garden Hotel?
- $5,750,000. Confidential conversations available; the OM is gated behind NDA where applicable.
- What are the property fundamentals on this Independent boutique?
- 17 keys. Independent, Boutique segment. Built 1951. Located in Palm Springs, CA. Encumbrance: See OM.
- Who is the listing broker?
- ryan-kawai-sanchez and mitchell-glasson at Matthews Hotel Markets. The team has direct relationships with the institutional, family-office, PE, and HNW buyer pools that bid this asset class.
- What does Matthews's disposition process look like?
- Standard 24-week playbook: engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Confidential by default; broker-built underwriting on every BOV.
- What's the buyer pool for a Boutique hotel like this in Palm Springs?
- Boutique assets in this market range typically draw a buyer pool of select-service-focused REITs, family offices, PE roll-ups, owner-operators, and HNW first-time hotel buyers. Independent brand-loyal buyers compete actively for in-flag acquisitions.