12801 Tamar DR Save Request In-Person Tour Request Virtual Tour
Desert Hot Springs,CA 92240
Key Details
Sold Price $1,575,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 219107498DA
Sold Date
HOA Y/N No
Year Built 1961
Lot Size 0.570 Acres
Property Description
Lido Palms Located at 12801 Tamar Dr, Desert Hot Springs, CA 92240 is an investment opportunity to own a mineral hot springs hotel in the heart of Desert Hot Springs, California. This hotel is ready day one and the location offers some of the most incredible views.The subject property comprises a 10-room resort and spa with spa treatment rooms, owners/managers units, and generous poolside areas for quiet relaxation. Lido Palms has a welcoming lobby, front desk, back office, storage room, and a large pool with outside and indoor spa area. A popular spot for group retreats, the spacious resort rooms are designed with a warm modern touch.Strategically located in Desert Hot Springs, known to have the world's best source of fresh hot mineral water for drinking to help aid nutrition and bathing to improve circulation and located within the Coachella Valley, in the foothills of Joshua Tree National Park in Southeastern California, a premium tourist destination for those seeking an authentic spa experience, the tranquility of the natural desert environment, and the therapeutic benefits of its mineral-rich waters. Lido Palms, with its immaculate appearance, superb condition, and excellent location, should continue to enjoy increased occupancy and profitability.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Fireplace No
Others
Tax ID 642082008
Special Listing Condition Standard