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From Jaime Kowal
A stunning example of mid-century modern architecture, The Amado is a boutique apartment complex centrally located in Sunrise Park near downtown Palm Springs, California currently on the market for $1,499,000.
Featured as an Editor's Pick on Dwell (dwell.com/home/... the property has been extensively renovated by photographer and designer Jaime Kowal. It has also been featured on the cover of Sunset Magazine and in Architectural Digest, Forbes, Travel & Leisure, Vogue Living, Vogue, Elle UK, Wallpaper, Apartment Therapy and more.
The Amado is currently operating as a furnished monthly vacation rental property, with over 1000 5-star reviews on Airbnb, and listings w/ Plum Guide. Guests rave about the architecture, minimalist design aesthetic, friendly attentive service, spacious suites, central location, and the private courtyard boasting a pool and views of the San Jacinto mountains.
With consistent positive cashflow, global press and dedicated repeat clientele, this property is an excellent established turnkey business with consistent positive cashflow.
Uses are infinite: a private family compound; a compound for 5-6 friends to retire together; or a possible hotel-conversion or condo-conversion (both to subject to city approval). Revenue streams include fully furnished vacation rental for 28 days or more, commercial photo shoots and special events.
The Amado is near everything - Uptown Design District, restaurants, shopping, airport, convention center, downtown, swim center, tennis, golf, walking, biking, hiking trails, casino, parks and more. You own the land.
The business assets, brand, architectural plans for hotel conversion and furniture are all included in the list price for a truly turnkey opportunity.
View listing here: www.leonardoteam.com/fea...