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Investment Highlights

  • 27 Hole golf course
  • 2nd events space -Celebrity house
  • Driving range and practice area
  • Events space with attahced separate kitchen
  • Clubhouse with restaurant and bar
  • Practice putting green and outdoor dinning

Executive Summary

OFFERING SUMMARY
This is a unique opportunity to acquire an operating 59-room hotel within Indian Palms Country Club & Resort, together with land offering potential for significant future room expansion. The property's proximity to the Empire Polo Club, Coachella and Stagecoach Music Festivals, championship golf, casinos, and other Coachella Valley attractions provides a compelling combination of existing operations and potential future development.
The hotel features junior suite-style accommodations designed to provide guests with comfort, convenience, and tranquility. Property amenities include a swimming pool and Jacuzzi, while guests also benefit from the surrounding Indian Palms Country Club amenities, including a championship 27-hole golf course.
The hotel is positioned across from the Empire Polo Club, home to the Coachella Valley Music and Arts Festival and Stagecoach Music Festival, which attract hundreds of thousands of visitors annually and create significant seasonal demand for local lodging.
PROPERTY HIGHLIGHTS
- 59-room operating hotel
- Approximately 4.1 acres on a separate parcel
- Potential to develop approximately 100 additional hotel rooms
- Located within the gated Indian Palms Country Club & Resort
- Situated directly across from the Empire Polo Club
- Strong seasonal demand generated by Coachella and Stagecoach
- Junior suite-style guest rooms
- Hotel pool and Jacuzzi
- Located adjacent to a championship 27-hole golf course
- Exterior-access guest rooms
- Investment and operating hotel opportunity
Potential Development:
The property includes land that may provide the opportunity to add approximately 100 additional hotel rooms, subject to applicable approvals, entitlements, zoning, parcel configuration, and confirmation with the City of Indio.
All development potential, zoning, room count, and other property information should be independently verified with the City of Indio and applicable governmental agencies.
HOTEL AMENITIES
- Hotel Pool & Jacuzzi
- Championship 27-Hole Golf Course
- On-Site Restaurant & Bar
- Soda & Water Machines
- Workout Center
- Tennis Court Access
- Outdoor Parking
- In-Room Refrigerators
- Cable TV
- Wireless High-Speed Internet
LOCATION
Indian Palms Motel is strategically located in the heart of the Coachella Valley, providing convenient access to major golf, entertainment, hospitality, and recreational destinations.
- Approximately 15 minutes from PGA West, La Quinta Resort, Plantation Golf Course, and Agua Caliente Casino Resort
- Approximately 30 minutes from Downtown Palm Springs
- Approximately 30 minutes from Palm Springs International Airport
- Walking distance to the Coachella Valley Music and Arts Festival and Stagecoach Music Festival
- Directly across from the Empire Polo Club
GOLF & RESORT SETTING
Indian Palms Country Club & Resort is a gated golf community located in the City of Indio, California. The resort features a 27-hole championship golf course in the heart of the Coachella Valley and provides a resort-oriented setting for hotel guests and visitors.
The property's location next to the Empire Polo Club provides a unique lodging opportunity during major events, when hotel demand throughout the Coachella Valley can increase significantly.
PROPERTY INFORMATION
Property Address: 48630 Monroe Street, Indio, CA 92201
Property Type: Operating Hotel / Investment Opportunity
Hotel Rooms: 59
Potential Additional Rooms: Approximately 100
Site Area: Approximately 4.1 acres
Zoning: U (Buyer to verify)
Offered Price: $6,900,000
Price Per Room: Approximately $117,000 per existing room
Tours are available by appointment. Please inquire with the listing broker for additional information and showing instructions.
All information is believed to be reliable but is not guaranteed and should be independently verified by the buyer and buyer's representatives. Buyer to verify all square footage, room counts, zoning, permitted uses, development potential, parcel configuration, entitlements, and other property information with the appropriate governmental agencies, including the City of Indio.

Attachments

attachment (16)

Property Facts

Price $9,608,733 CAD
Price Per SF $854.95 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class B
Lot Size 176.00 AC
Building Size 11,239 SF
No. Stories 2
Year Built 1980
Parking Ratio 10.05/1,000 SF
Zoning U - Unzoned

Amenities

  • Lounge
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 614-220-010
  • 614-220-025
  • 614-220-011
Land Assessment
$2,587,970 CAD
Improvements Assessment
$5,943,800 CAD
Total Assessment
$8,531,770 CAD
  • Listing ID: 33938908

  • Date on Market: 2024-11-20

  • Last Updated:

  • Address: 48600 Monroe St, Indio, CA 92201

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