Wholesale Retail Cash Flowing

Royalty deal this is a great project to add to your portfolio

Palm Canyon Dr, Vista, CA 92083

$6,000,000 After Repair Value -
$5,250,000 Asking Price -
$0 Cost of Repairs =
$750,000 Potential Profit

Property Details

Asking Price $5,250,000

After Repair Value $6,000,000

Costs of Repairs $0

Potential Profit $750,000

Living Area N/A

Property Type Unknown

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

- NOTE SALE -Defaulted 104 Room Branded 4 Star Hotel Developmentin Great Part of Palm SpringsSUMMARYDefaulted 104 Room 4 Star Hotel and Beach Club DevelopmentConstruction HaltedLocated on N Palm Canyon Drive85,400 SF Structure4.37 Acre Lot3 BuildingsProposed Property Features90 Standard Queen and King Bed Roomsplus 14 Luxury Suites with45 Seat Lobby Bar with Food30 Seat Pool Bar90 Seat Signature Restaurant30 Seat Signature Bar120 Seat Rooftop BarProperty also to feature a Stand Alone Lobby Building with a Bistro,Spa, Boardrooms, Fitness Center and 4500 SF Pool with a199 Car Subterranean Parking Lot with Valet...Original Loan Amount $4,400,000Loan Matured August 2019NOD Filed 12/30/2019Default Rate 18%Default Payment $66,000UNPAID LOAN BALANCE$5,250,000 + Buyer Feewith $2200 Per DiemBuyer Protocol:1) LOI2) POF3) BIO4) NCND5) EMD6) MFAWas and still can be a Marriott projectBuyers to pay commissionsand negotiated at time of offer.Contact me for more information.... Y.M

CONTACT LISTING OWNER

William Naranjo

Free Member

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on Palm Canyon Dr, Vista CA

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (20)

Hundreds of properties in California! Check Deals in California

356-358 Day St

SAN FRANCISCO, CA

Nice ARV

After Repair Value $3,600,000

- Asking Price $2,000,000

- Repair Costs $200,000

41%

Potential Profit

$1,400,000

7643 Poppy Blvd

CALIFORNIA CITY, CA

Prime Land in California City, United States for Sale

After Repair Value $49,900

- Asking Price $49,900

- Repair Costs $0

0%

Potential Profit

$0

19476 Neuralia Rd

CALIFORNIA CITY, CA

Prime Land in California City, California for Sale

After Repair Value $49,000

- Asking Price $49,900

- Repair Costs $0

0%

Potential Profit

$0

5580 Mesquite Springs Rd

TWENTYNINE PALMS, CA

Prime Land in Twentynine Palms, California for Sale

After Repair Value $39,000

- Asking Price $39,000

- Repair Costs $0

0%

Potential Profit

$0

Upon Request

WHITTIER, CA

PRICE REDUCTION!!! Whittier, CA Fixer-Upper Available! Comes with Approved ADU Plans!

After Repair Value $865,000

- Asking Price $625,000

- Repair Costs $95,000

18%

Potential Profit

$145,000

Elkhorn Rd

SANTA MARGAR, CA

2.5-Acre Gem in Santa Margarita, CA!

After Repair Value $27,000

- Asking Price $12,000

- Repair Costs $0

55%

Potential Profit

$15,000

17817 Blackbrush Dr

SANTA CLARITA, CA

1608 Sq Ft Charmer on 9,200 sq ft lot Charmer

After Repair Value $925,000

- Asking Price $735,000

- Repair Costs $100,000

10%

Potential Profit

$90,000

11257 Red Bluff Ln

FONTANA, CA

4/3 Pool Home for Sale - Great Community Fort Myers - Owner motivated!

After Repair Value $660,000

- Asking Price $615,000

- Repair Costs $0

6%

Potential Profit

$45,000

3491 Sydney St

HEMET, CA

AWESOME HEMET HOME

After Repair Value $360,000

- Asking Price $349,900

- Repair Costs $0

2%

Potential Profit

$10,100

665 W Philadelphia St

ONTARIO, CA

Why Rent When You Can Own, Double Your Down Payment up to $3000!!

After Repair Value $39,900

- Asking Price $39,900

- Repair Costs $0

0%

Potential Profit

$0

33699 Petunia St

MURRIETA, CA

AWESOME MURRIETA HOME

After Repair Value $670,000

- Asking Price $649,900

- Repair Costs $0

3%

Potential Profit

$20,100

4267 S Victoria Ave

LOS ANGELES, CA

Spanish-Style Duplex

After Repair Value $1,375,000

- Asking Price $1,119,000

- Repair Costs $0

18%

Potential Profit

$256,000

300 Coastal Oak Ct

SCOTTS VALLEY, CA

Beautiful 3 to 6 Month rent to own Property for sale.

After Repair Value $1,200,000

- Asking Price $50,000

- Repair Costs $0

95%

Potential Profit

$1,150,000

31704 Corte Avalos

TEMECULA, CA

AWESOME PALOMA DEL SOL TEMECULA HOME

After Repair Value $690,000

- Asking Price $674,900

- Repair Costs $0

2%

Potential Profit

$15,100

Tujunga

LOS ANGELES, CA

Another off market gem I have vacant land in tujunga which has approved plans

After Repair Value $100

- Asking Price $6,175,000

- Repair Costs $0

0%

Potential Profit

$0

26376 Mehaffey St

MENIFEE, CA

AWESOME MENIFEE SINGLE STORY HOME

After Repair Value $450,000

- Asking Price $429,900

- Repair Costs $0

4%

Potential Profit

$20,100

23093 Boxwood Ct

WILDOMAR, CA

AWESOME WILDOMAR POOL HOME

After Repair Value $700,000

- Asking Price $619,900

- Repair Costs $0

11%

Potential Profit

$80,100

19830 Emmett Rd

CANYON COUNTRY, CA

OPENHOUSE!

After Repair Value $799,900

- Asking Price $799,900

- Repair Costs $0

0%

Potential Profit

$0

13431 Hiawatha Ln

MORENO VALLEY, CA

AWESOME MURRIETA HOME

After Repair Value $529,900

- Asking Price $529,900

- Repair Costs $0

0%

Potential Profit

$0

1324 E 31st St

OAKLAND, CA

House for sale

After Repair Value $800,000

- Asking Price $315,000

- Repair Costs $0

60%

Potential Profit

$485,000