Maxim Hotel Brokerage, Inc. is pleased to present an exclusive listing on a foreclosed, partially built resort located at the gateway to the City of Coachella, CA. While unaffiliated in any respect with any of the "Coachella" festivals, the destination is within 3.0 miles from Empire Polo Club (the site for Coachella and Stagecoach Festivals) and within two hours drive of Southern California’s 22-million-person population base. The Property is approximately 65% complete, since work stopped in late 2019 and the Lender recently obtained title through foreclosure. The 35-acre resort is designed to create its own entertainment oriented destination. Unencumbered by brand or management, a visionary developer will seize the opportunity to finish construction and present a brand new boutique resort to Coachella Valley's world class boutique destination hotel and resort market.
AMENITIES
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Destination Resort
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|
| Suite | 2 | $380.00 | - |
| Guest Room | 248 | $233.00 |
PROPERTY TAXES
| Parcel Numbers | 603-220-069 | Improvements Assessment | $1,022,000 |
| Land Assessment | $10,513,183 | Total Assessment | $11,535,183 |
Harry Pflueger
+1 949-759-8739
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