Palm Springs Manor
Seller financing provides favorable below-market terms with interest-only Year 1, enabling conversion planning without immediate principal burden.
The campus converts existing structures into an integrated hospitality hub: Single Family Residence becomes The Hall (reception, commercial kitchen, storage), central buildings transform into Clubhouse and pool amenities, while perimeter units convert to Guesthouse and Boarding House accommodations.
Quarterly payments | $29,688/quarter
30-year amortization | ~$13,500/month
Year 1 interest only
After seller note service
| Property | Units | Sale Price | $/Unit | Notes |
|---|---|---|---|---|
| El Noa Noa | 10 | $3,560,000 | $356,000 | Converted boutique hotel |
| Spirit of Sofia | 8 | $2,370,000 | $296,000 | Design-forward conversion |
| Muse Palm Springs | 7 | $1,600,000 | $228,000 | Boutique repositioning |
| Palm Springs Manor | 19 | $3,875,000 | $204,000 | 22% below comps |
Palm Springs Manor represents Guesthouse's second campus, validating the distributed hotel model's replicability beyond Lake Tahoe. The property's 19-unit scale provides immediate operational density while the favorable seller financing structure enables conversion planning without principal burden in Year 1.
Central Palm Springs location provides access to the region's established hospitality infrastructure and visitor base. The property sits within walking distance of downtown's design district and restaurant corridor, positioning it for the same premium group travel market Guesthouse serves in Truckee.