64491 Twentynine Palms Hwy - Hospitality FOR SALE


Joshua Tree, CA 92252
$1,150,000 USD
818-212-2776
64491 Twentynine Palms Hwy, Joshua Tree, CA for Sale
$1,150,000 USD
Hospitality - FOR SALE
1/43
null | 5.9% Cap Rate

64491 Twentynine Palms Hwy
Joshua Tree, CA 92252


HIGHLIGHTS

  • Spin and Margie's Desert Hideaway | 6.06 Acres | 263,973 SF | 3 Parcels
  • Peaceful, Quaint, and Quiet 6-unit Compound - Situated within Hiking Distance of the Joshua Tree National Park
  • Spacious Grounds, Including a Large Swimming Pool, an Uncommon Amenity in the Surrounding Area
  • Adjacent Parcels of land Offer Ample Room for Expansion and/or Residential Development
  • Site is Situated on the Main Highway which Links Joshua Tree to Twentynine Palms to the East and Yucca Valley to the West

OVERVIEW

The Agnew | Serling Group of Marcus & Millichap is pleased to present for Sale, The Desert Hideaway, located at 64491 Twentynine Palms Highway, in Joshua Tree, CA. This peaceful, quaint, and quiet 6-unit compound, situated within hiking distance of the Joshua Tree National Park, offers tranquility, privacy, and all the comforts of home in a beautiful, relaxing setting. Spin and Margie’s Desert Hideaway, established in 2001, is part Mexican Hacienda, and part Artist’s or Spiritualist’s Retreat. The grounds are spacious, and include a large swimming pool, an uncommon amenity in the surrounding area. The adjacent parcels of land offer ample room for expansion and/or residential development. The site is situated on the main Highway which links the communities of Twentynine Palms to the East and Yucca Valley to the West, leading down the mountain to the Palm Springs area below. The site offers easy accessibility, and proximity to many local attractions, such as the West Entrance to the National Park and the Joshua Tree Visitors Center which are within 5 minutes’ drive. Yet, once inside the fenced and hedged private grounds, visitors find themselves in a secluded desert oasis, set back from the Highway, with a tree-lined courtyard at its center. Check out Desert Hideaway Review's, Bookings, & More... https://www.tripadvisor.com/Hotel_Review-g32544-d271430-Reviews-Spin_and_Margie_s_Desert_Hideaway-Joshua_Tree_California.html https://www.oyster.com/joshua-tree/hotels/spin-and-margies-desert-hideaway/ https://www.hotels.com/ho2967398208/the-western-nomad-spin-margie-s-desert-hideaway-joshua-tree-unitedstates-of-america/ https://www.yelp.com/biz/spin-and-margies-desert-hide-a-way-joshua-tree https://www.orbitz.com/Twentynine-Palms-Hotels-Spin-And-Margies-Desert-Hideaway.h10534135.Hotel-Information

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$283 USD /SF

# OF ROOMS

6

PRICE/ROOM

$191,667 {currency}

CAP RATE

5.9%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Desert Hideaway

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.06 AC

LAND SF

263,974 SF

ZONING

JTRL

APN/PARCEL ID

0607-101-22

ASK ABOUT THIS PROPERTY

Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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