55408 Twentynine Palms Highway
Yucca Valley, CA 92284
Sold
55408 Twentynine Palms Highway
Yucca Valley, CA 92284
Sold
Little Pioneertown RV, strategically located on 29 Palms Hwy en route to Joshua Tree National Park, is the only approved RV Park in Yucca Valley and provides the exclusive opportunity to service an ever increasing flow of RV'ers traveling to Joshua TreeNational Park. This RV Park boasts 17 full-service and generous RV spaces, each with an individual BBQ, picnic table, and shady pine trees. This Park is serviced by City sewer. The common area has services that include laundry, propane grill island, guest restrooms, and showers. In addition to the spacious park office, there is a 700 s.f., 1/1 apartment to serve as either a manager's or owner's quarters. The clubhouse is currently configured as a manager's 3-bedroom apartment. Little Pioneertown RV is the ideal investment for a retiree or owner operator wanting to take over a clean, income producing asset with tremendous upside. An owner-operator would be able to live on site, not having to pay rent elsewhere and not having to pay for management, This could represent a savings in the neighborhood of $45,000 / year with a savings of $20,000 for management and another savings of $25,000 by not having to pay for a rental elsewhere. The park is presently fully occupied, with a majority of the spaces rented to long-term tenants. Although this configuration ensures a stable and dependable income stream, there is the distinct potential for a substantial increase in income by reverting the business model's focus back to short-term rentals.There is also an exciting opportunity to place park models and rent them out as short-term vacation rentals aka 'glamping'! This business model is very successful in similar areas which are close to national parks because of the built-in area attraction.Please call listing agent about the potential for expansion as there may be additional vacant parcels available for purchase that are adjacent to Little Pioneertown RV. The City is open to reviewing plans which include adding on to the existing parkPro forma gross income: $223,000Pro forma net income: $114,874Pro forma revenue is based on nightly rentals of $60 and a 60% occupancy rate.Please see Offering memorandum under Documents tab.Please contact broker prior to visiting property.
PROPERTY INFORMATION
MLS # | V1-18506 | Lot Size | 55,757 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
Price | $ 1,065,000
Price Per SqFt: $ 612 |
DOM | 581 Days |
Address | 55408 Twentynine Palms Highway | Type | Residential Income |
City | Yucca Valley | Sq.Ft. | 1,740 Sq. Ft. |
Postal Code | 92284 | Garage | N/A |
County | San Bernardino | Year Built | 1998 |
Bed / Bath | 1 / 0 | Parking | 17 |
Built In | 1998 | Status | Closed |
Sold Date | 2023-10-03 |
INTERIOR FEATURES
Has Laundry | Yes |
Has Fireplace | No |
Fireplace Information | None |
Has Appliances | No |
Kitchen Appliances | None |
Has Heating | No |
Heating Information | None |
Has Cooling | No |
Cooling Information | None |
Has Spa | No |
SpaDescription | None |
EXTERIOR FEATURES
ExteriorFeatures | Barbecue Private |
Has Pool | No |
Pool | None |
Has Fence | Yes |
Fencing | Block |
Has Sprinklers | No |
WALKSCORE
Walk Score: 57 (Somewhat Walkable)
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,136
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
06/09/2023 | Listed | $1,065,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 55408 Twentynine Palms Highway?
Listing provided courtesy of Jorge DeLeon, Century 21 Everest. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.