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339 Belardo Road - La Serena Villas & 225 West Baristo Road - Del Marcos Hotel & 350 South Belardo Road - The Three Fifty Hotel
SOLD

Kirkwood Collection Acquires 45-room Palm Springs Hotel Portfolio For $28.3M

339 Belardo Road - La Serena Villas & 225 West Baristo Road - Del Marcos Hotel & 350 South Belardo Road - The Three Fifty Hotel

Hotel
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Summary

Sale
CALIFORNIA
Hotel

Kirkwood Collection, led by Alex Kirkwood, has acquired a 45-room hotel portfolio in Palm Springs for $28.3 million. The portfolio includes La Serena Villas, Del Marcos Hotel, and The Three Fifty Hotel, all located in the popular tourist destination. These hotels offer amenities such as spas and pools, catering to the needs of the visitors.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: $28,300,000
  • Address: 339 Belardo Road - La Serena Villas & 225 West Baristo Road - Del Marcos Hotel & 350 South Belardo Road - The Three Fifty Hotel
  • Market: Palm Springs

The seller of the hotel portfolio is Lars & Kelly Viklund. Kirkwood Collection, represented by Alex Kirkwood, completed the transaction as the buyer.

Details

Deal Summary
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SOLD
IMAGE: Alex Kirkwood DATE: 06/30/2023 ADDRESS: 339 Belardo Road - La Serena Villas & 225 West Baristo Road - Del Marcos Hotel & 350 South Belardo Road - The Three Fifty Hotel MARKET: Palm Springs ASSET TYPE: Hotel BUYER: Kirkwood Collection - Alex Kirkwood SELLER: Lars & Kelly Viklund SALE PRICE: $28,300,000 KEYS: 45 ~ PPK: $628,889 NOTE: Kirkwood Collection has acquired a 45-room hotel portfolio in Palm Springs for $28.3 million. The hotels, including La Serena Villas and Del Marcos Hotel, offer amenities such as spas and pools in the popular tourist destination.

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Address339 Belardo Road - La Serena Villas & 225 West Baristo Road - Del Marcos Hotel & 350 South Belardo Road - The Three Fifty Hotel

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