La Maison (To Be Redeveloped)
Palm Springs is one of the most desirable vacation rental markets in the USA. Given its popularity, it is also highly regulated and is nearly impossible to scale beyond one rental market. In order to secure our presence, we’ve purchased the La Maison Hotel, Palm Springs’ Mediterranean-style boutique hotel ideally located in the wind-free area of Palm Springs near downtown's fine dining, casinos, and all desert recreational activities. This boutique hotel will be redeveloped into a short-term rental with 11 rooms, a wet bar, and a rooftop terrace available for entire property buyouts for corporate retreats, wellness retreats, etc.
Development Play: Boutique Hotel Redevelopment
Asset Strategy: Value-Add
Size: 1 Short-Term Rental Unit - 14-bedrooms, 14-bathrooms
Seasonality: Winter
Experience: Social