For Sale
$40,000,000
0 City Of CoachellaIndio, CA 92203
Luxury Casino Hotel, Prime Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Prime Coachella Valley location adjacent to three casinos and four gated communities.
- 100-unit townhouse rental project with a four-restaurant shopping center and clubhouse.
- Hotel features include two pools, a spa, a gym, three boutiques, three restaurants, and a convention center with ballroom.
- Royal Sonesta franchise ensures a 4.5-star hotel rating.
- Total project cost (land, entitlements, soft costs, and construction): $140 million; projected future value: $300 million; projected net profit: $13-15 million annually.
- Investment opportunity: 5% equity partnership for $1.5 million or 10% equity partnership for $3 million, with projected 15% monthly return on investment and 300% equity appreciation within two years.
Property Details for 0 City Of Coachella
- Property type
- Casinos, Hospitality properties
Location Insight
- City
- Indio
- County
- Riverside
- State
- California
- Latitude
- 33.745603
- Longitude
- -116.1713917
City Of Coachella, Indio, California
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