Desert Hideaway | 64491 Twentynine Palms Hwy
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Desert Hideaway 64491 Twentynine Palms Hwy
6 Room Hotel Joshua Tree, CA 92252 £900,795 (£150,132/Room) 5.90% Net Initial Yield
Investment Highlights
- Spin and Margie's Desert Hideaway | 6.06 Acres | 263,973 SF | 3 Parcels
- Spacious Grounds, Including a Large Swimming Pool, an Uncommon Amenity in the Surrounding Area
- Site is Situated on the Main Highway which Links Joshua Tree to Twentynine Palms to the East and Yucca Valley to the West
- Peaceful, Quaint, and Quiet 6-unit Compound - Situated within Hiking Distance of the Joshua Tree National Park
- Adjacent Parcels of land Offer Ample Room for Expansion and/or Residential Development
Executive Summary
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
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
Property Facts
| Price | £900,795 | Lot Size | 6.06 AC |
| Price Per Room | £150,132 | Building Size | 4,064 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Net Initial Yield | 5.90% | Number of Floors | 1 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | £900,795 |
| Price Per Room | £150,132 |
| Sale Type | Investment |
| Net Initial Yield | 5.90% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.06 AC |
| Building Size | 4,064 SF |
| No. Rooms | 6 |
| Number of Floors | 1 |
| Year Built | 1960 |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 6 | £79.90 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £733,451 | |
| Land Assessment | £532,910 | Total Assessment | £1,266,361 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£532,910
Improvements Assessment
£733,451
Total Assessment
£1,266,361
zoning
| Zoning Code | JTRL |
| JTRL |
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Desert Hideaway | 64491 Twentynine Palms Hwy
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