61589 Division St - Hospitality FOR SALE


Joshua Tree, CA 92252
$1,200,000 USD
562-777-2200
61589 Division St, Joshua Tree, CA for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

61589 Division St
Joshua Tree, CA 92252


HIGHLIGHTS

  • Eight (8) room retro motel located in the center of Joshua Tree, CA
  • Western inspired finishings in pioneer setting
  • Outdoor patio, fire pit location and open area, perfect for events
  • Constructed in 1953 and remodeled in 2019 ($175,000 in new improvements)
  • Established guest ratings with return guests year on year
  • Legal non-conforming use designated by San Bernardino County

OVERVIEW

Our team is proud to present the Joshua Tree Ranch House Motel for sale for a unique owner with vision and dedication that embodies exceptional service to guests. The Ranch House Motel is back in business after extensive work to improve the property, and is under new management, including new marketing with future bookings in place. We are now operating in full force and attracting guests from across Southern and Northern California, as well as nationally and internationally. The last time the property had a license for a motel was over 20 years ago and now you can obtain this license to continue the tradition once more. This new management operation has created thousands of dollars of gross rental income per month, and we are now realizing exceptional growth in reservations throughout the coming high season for 2024 and 2025. Proforma is estimated projection for 2025.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$380 USD /SF

# OF ROOMS

8

PRICE/ROOM

$150,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Joshua Tree Ranch House Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1956

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

0602-262-03,0602-262-21

ASK ABOUT THIS PROPERTY

John ScatoloniEncon CommercialMore Info
562-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John ScatoloniEncon CommercialMore Info
562-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.