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Hotel Property in California

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Listing Information

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Hotel Property in California



Price: $8,500,000.00


Other Item Info
Item #: azbke_766702
Created: 10/26/2020
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: None Set
Seller Info
LAMAR HAWKINS
Debtor's Attorney
402 EAST SOUTHERN AVENUE
TEMPE, AZ 85282
602-888-9229
Bankruptcy Info
Case #: 2:19-bk-14399
Case Title: HOTEL OXYGEN MIDTOWN, I, LLC
Court: Arizona Bankruptcy Court
Chapter: 11
View Case Docket

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Real Estate Location

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2000 N Palm Canyon Dr
Palm Springs, CA, 92262

Description

Sale of hotel property commonly known as the “Ivy Palm Resort Hotel” located in Palm Springs, California. The Ivy Palm Resort and Spa hotel has a clean, simple and oasis design with 100 guest rooms with 6 Studios and a restaurant. The hotel sits on 3 acres of Fee -Simple land, located off Highway 111, the main entrance to Downtown Palm Springs. There is tremendous upside for renovating and rebranding to a Full - Service Hotel & Resort. The hotel has stunning Panoramic views to the San Jacinto mountains and the famous Tramway. Amenities Include: Complimentary continental breakfast and parking, 2 outdoor pools and spas, fitness room with available massage treatments on site. Guests also have access to discounted rates at a nearby golf course. All rooms have free Wi-Fi, desks and premium cable TV, minifridges and coffeemakers. Upgraded rooms feature private patios. The Ivy Palm Resort & Spa hotel is set 2 miles from the Palm Springs Convention Center and is also 3.4 miles from the Moorten Botanical Garden and Cactarium. It is just 5 minutes’ drive from the Palm Springs Aerial Tramway.

Features:

  • Property Type: Hotel
  • No. Rooms: 100
  • No. Stories: 2
  • Building Size: 30,000 SF
  • Lot Size: 3.00 AC
  • Built in 1983

Additional Details

Bid Deposit: $50,000
Bid Deadline: Five days prior to the sale hearing



Other Information

Terms and Conditions:

See Attached.


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