Like the desert?  Interested in investing in a vacation home which can be used as a rental?  These properties are some of the best values currently on the market in Old Town La Quinta in the Palm Springs desert area.

The following is the reblogged post from Susan Laxson & Associates - La Quinta Coldwell Banker:

Casitas las Rosas & Embassy Suites in La QuintaCasitas Las Rosas, in my opinion, is one of the best real estate investment opportunities in La Quinta.  Casitas Las Rosas is a condominium complex featuring casita-style vacation villas with views of the Santa Rosa Mountains and connected to the Embassy Suites Hotel & Spa in Old Town La Quinta

This unique investment opportunity allows you to take advantage of all the hotel amenities, but have the privacy and ownership of a private condo. There are 144 one-bedroom vacation villas each with approximately 682 square feet of livingCasitas_Las_Rosas_Pool space. Most of the casitas are being sold turn-key furnished with Mediterranean style furnishings. Lounge by one of the 4 HOA pools or the hotel pool, walk to the Village of La Quinta, across the street, for shopping or exquisite dining at the Crab Pot, Hog's Breath, Cunard's Sand Bar or Arnold Palmer's Restaurant after Casitas Las Rosasa full day of fun in the sun. 

Enjoy relaxing at the Embassy Suites' Hibiscus Spa with six treatment rooms, a fitness center and whirlpools. The investment opportunity that presents itself is the ability to live here full time or rent it out through the hotel rental program (subject to approval), your real estate agent or yourself!

 

Today there are six properties for sale in the Casitas Las Rosas complex.  They range in price from Casitas_Las_Rosas$140,000 to $335,000.  The best deals, in my opinion are:

  • Unit #4 - Current list price $140,000 - Owner paid $265,000 in 2005
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  • Unit #1 - Current list price $142,000 - Mortgage amt $446,004 Indymac
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  • Unit #8 - Current list price $146,000  - Assessed Value $206,779
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  • Unit #7 - Current list price $149,000 -  Assessed Value $228,159

If you are interested in learning more about the investment opportunities that Casitas Las Rosas represents or other La Quinta properties, contact Susan at (760) 567-9100 or visit our website at www.LQ-Homes.com.

 

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Laxson Associates l Rancho Santa Fe

Rancho Santa Fe, CA

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