Best Western Inn at Palm Springs 1633 S Palm Canyon Dr 71 Room Hotel Palm Springs, CA 92264 $13,737,199 CAD ($193,482 CAD/Room) 1.69% Cap Rate

Best Western Hotel Investment Opportunity | 72 Keys | Palm Springs CA | Hospitality Asset
Best Western Inn at Palm Springs
1633 S Palm Canyon Dr
Palm Springs, CA 92264
Property Overview
Rare opportunity to acquire a flagged hospitality asset in one of Southern California’s most iconic resort destinations — Palm Springs.
The Best Western Inn at Palm Springs is a 72-room hotel located on highly visible South Palm Canyon Drive, one of the main tourist corridors connecting downtown Palm Springs with major resort districts and attractions.
The property offers investors a nationally recognized brand flag, strong tourism demand, and proven revenue performance, making it an attractive acquisition for hotel investors seeking cash flow with upside.
The hotel has demonstrated consistent annual room revenue exceeding $2M, supported by Palm Springs’ strong year-round tourism, festivals, golf events, and seasonal resort demand.
According to the property profile, the hotel contains 72 guest units on approximately 1.87 acres and was originally built in 1984.
BW Inn Palm Springs Profile
Financial Overview
2024 Financials
Gross Room Revenue: $2,135,699
Total Revenue: $2,137,859
Operating Income: $169,180
2024 P&L
2023 Financials
Gross Room Revenue: $1,998,148
Operating Income: -$41,611 (heavy depreciation year)
2023 P&L
Adjusted NOI Potential
When normalizing operations and adding back non-cash and discretionary items such as:
• Depreciation
• Management fees
• Certain discretionary expenses
The property demonstrates significantly stronger stabilized NOI potential under experienced hotel management.
Property Details
Property Type: Hotel / Hospitality
Brand: Best Western
Keys: 72 Rooms
Year Built: 1984
Lot Size: Approx. 1.87 Acres
Zoning: C1 Commercial
Investment Highlights
• Flagged hotel with Best Western brand recognition
• 72 guest rooms in established Palm Springs tourism market
• Strong $2M+ annual room revenue history
• Located on South Palm Canyon Drive — primary tourist corridor
• Close to Downtown Palm Springs, resorts, golf courses, and convention venues
• Significant upside through professional revenue management and operational optimization
• Opportunity for value-add renovation or repositioning strategy
• Palm Springs remains one of California’s most desirable leisure travel destinations
• Ideal for hotel operators, hospitality investors, or portfolio buyers
Location Overview – Palm Springs
Palm Springs is one of the premier resort markets in the western United States, attracting millions of visitors annually. The city is known for:
• Luxury resorts and boutique hotels
• Golf tourism
• Coachella Valley Music Festival
• Stagecoach Festival
• Convention and event tourism
• Year-round warm climate destination travel
Demand is supported by both international tourism and strong Southern California drive-to visitors.
Investment Opportunity
This offering presents investors with the opportunity to acquire a flagged hospitality asset with strong revenue performance in a high-barrier resort market.
With experienced hotel management and potential operational improvements, the property offers both stable cash flow and long-term value appreciation.
Confidential Offering — Contact Broker for Financial Package and Due Diligence Materials