- For Sale Subject To Offer
- Property Type Other
- Units 66
- Lot Size 1.85 Acre
- Parking Spaces Avail. 100
- Year Built 1965
- Year Renovated 2023
- Date Updated Jun 6, 2026
Description
Nestled within the vibrant Inland Empire market, Royal Sun Palm Springs enjoys a prime location near a wealth of compelling attractions. Just moments away, the Palm Springs Art Museum captivates visitors with its renowned collection, while the Palm Springs Aerial Tramway offers breathtaking views of the picturesque landscape. The surrounding area also boasts an array of upscale dining establishments and luxury shopping experiences, ensuring ample entertainment options for guests. Additionally, the nearby Indian Canyons provide an oasis of natural beauty for outdoor enthusiasts to explore, making the location an alluring destination for hospitality and full-service investors seeking to offer an unforgettable experience to their patrons.Introducing a rare opportunity in Palm Springs - a fully renovated, 66-unit property primed for an upscale hospitality conversion. Built in 1965 and meticulously revitalized in 2023 with a $9M investment, this Full-Service gem boasts a coveted location in the heart of Palm Springs, within the Inland Empire area. Zoned R3 and offering unparalleled potential, it presents a turnkey opportunity for upscale brand conversions such as Marriott, Hilton, or Hyatt, with no PIP required. With a projected $160-$200 RevPAR potential, a full-service on-site bar and restaurant, and a captivating roof top pool, this property represents a compelling value-add proposition with 58% RevPAR index against STR Comp Set.
Highlights
- $160 - $200 RevPAR Potential
- $9M Capex in 2023
- Approved Turnkey (No PIP) Conversion Opportunity
- Full-Service property with On-site Bar and Restaurant
- Hilton - Ouset Upscale conversion – turnkey no PIP
- Hyatt - jdV Upscale conversion – turnkey no PIP
- Marriott – Upscale Soft Brand
- Palm Springs Fee Simple (Rare Opportunity)
- Roof Top Pool
- Significantly Under Recent Price/Key Comps
- Value Add Opportunity – 58% RevPAR Index against STR Comp Set
False
Contacts
Josh Tammen
Tammen Hospitality Partners
Location
Contact Listing Broker
Josh Tammen
Tammen Hospitality Partners