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2300-2330 N. Palm Canyon, Palm Springs, CA 92262

Commercial property for sale

Description
A Very Unique Hospitality OfferingThe Adriatic Resort on Palm Canyon in Palm Springs is a turn key project with seller carried financing for either 57 luxury hotel suites or 41 condos subdivided in to 2,000 timeshare interval ownerships with RCI or Interval International Exchange Companies + a 4-plex apartment complex ++ a fully leased 5,000 sq.ft. Restaurant. +++ 2 Olympic sized pools ++++ Spa and SaunaThe real value is in the sale of the 1800+ remaing to be sold timeshare units that when sold out will bring in revenue of more than $26,000,000 plus annual management fees of $534,180 based on current annual fees of $298 per timeshare unit. Click on the executive summary to see the current and projected revenues for this hospitality opportunity. Building price details: $9,000,000.
Property Details

Building Name:	Adriatic Villas and Resort
Property Type:	Hotel & Motel
Use Types:	Extended Stay, Hotel, Resort, Spa, Vacation Rental(s)
Status:	Available
Price:	$ 157,895 +/Unit
Number of Stories:	2
Year Built:	1980
MSA:	Riverside-San Bernardino-Ontario
Zoning:	COMM
Buildings:	3
Terms:	Cash to Seller, Owner Financing
Added:	09/06/2012
Last Update:	09/17/2013

Parking:	Yes
Parking Spaces:	60

Note
Details Info about this row that located on 2300-2330 N. Palm Canyon, Palm Springs, CA 92262 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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