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Monday, June 10, 2013

Warm Sands Villa Sells for $2.8M

Campher Tree LLC purchased the Warm Sands Villa Hotel at 555 S. Warm Sands Dr. in Palm Springs, CA for $2.8 million, or $100,000 per room, from Ocotillo Properties LLC. The 28-room hospitality building totals 4,200 square feet on 0.9 acres at the northwest corner of Warm Sands Dr. and E. Camino Parocela in Riverside County. Jaime Rook of JMR Commercial Investments represented both parties in the sale. Please reference CoStar COMPS #2704571...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Warm-Sands-Villa-Sells-for-$28M/149069?ref=/News/Article/Warm-Sands-Villa-Sells-for-$28M/149069&src=rss

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