Property profile

64491 29 Palms Hwy Joshua Tree, CA 92252

OFF-MARKET
Hospitality properties
6.06 ac lot
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Property summary

AI-generated overview

This exceptional 6-unit hotel, situated on 6.06 acres in Joshua Tree, CA, presents a unique investment opportunity. The property, located at 64491 29 Palms Hwy, 92252, consists of three parcels (APN: 0607-101-21-0000, 0607-101-22-0000, 0607-101-23-0000) and is zoned RL. Established in 2001, this charming compound offers a blend of Mexican Hacienda and artist retreat aesthetics, providing tranquility and privacy for guests. Features include a large swimming pool – a rare amenity in the area – and ample space for expansion or residential development. Conveniently located on the main highway linking Twentynine Palms and Yucca Valley, it enjoys easy access to Joshua Tree National Park (within a 5-minute drive) and local attractions. The property's secluded setting, complete with a tree-lined courtyard, offers a true desert oasis experience. The asking price is $1,150,000. This turnkey operation is ready for a new owner to continue its success. The property's online presence includes reviews and booking information on various platforms.

Property profile

Verified
Property type Hospitality properties
Lot 6.06 ac (263,974 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Bar & Pub

Location

64491 29 Palms Hwy Joshua Tree, CA 92252
Joshua Tree metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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