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4351 Meriwether Rd

TWENTY-NINE PALMS, CA 92277
  • $650,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 23-245061
UPDATED: 61 min ago
$650,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 400
    SQFT
  • $1,625
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Welcome to your next investment opportunity! This stunning vacation rental property offers incredible potential for high yearly gross revenue, with a cap rate of 15% to 20%.Located in Twentynine Palms (15 min from Joshua Tree National Park), a prime vacation destination. With the potential to make over $180,000 in gross revenue annually, this investment opportunity is a smart choice for savvy investors looking to capitalize on the growing demand for high-quality vacation rentals.The property is 100% off-grid (water, septic and electricity) completely remodeled and features all the latest smart home tech combined with a cosmic Japanese-zen theme designed by a renowned tech company, Podform.co With two custom domes, a bathroom, a fully-equipped kitchen, a hot tub, four hammocks, a fire pit, outdoor grill, this property can accommodate groups of up to 25 and can sleep up to 9 people.Monthly expenses are only $703. With the potential to generate $14,000+ per month in net cash flow, this investment opportunity offers an attractive return on investment.Take advantage of this chance to own a high-performing vacation rental property in a desirable location. Contact us today to schedule a viewing and start your journey toward financial success!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-06-03T22:42:47.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/137301428
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4351 Meriwether Rd TWENTY-NINE PALMS, CA 92277

  • Price: $650,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 61 min ago
  • MLS #: 23-245061
0
Beds
0
Baths
0
½ Baths
5
Acres
400
SQFT
$1,625
$/SQFT
1958
Built
Neighborhood:
San Bernardino
County:
San Bernardino
Area:
San Bernardino
Property Description
Welcome to your next investment opportunity! This stunning vacation rental property offers incredible potential for high yearly gross revenue, with a cap rate of 15% to 20%.Located in Twentynine Palms (15 min from Joshua Tree National Park), a prime vacation destination. With the potential to make over $180,000 in gross revenue annually, this investment opportunity is a smart choice for savvy investors looking to capitalize on the growing demand for high-quality vacation rentals.The property is 100% off-grid (water, septic and electricity) completely remodeled and features all the latest smart home tech combined with a cosmic Japanese-zen theme designed by a renowned tech company, Podform.co With two custom domes, a bathroom, a fully-equipped kitchen, a hot tub, four hammocks, a fire pit, outdoor grill, this property can accommodate groups of up to 25 and can sleep up to 9 people.Monthly expenses are only $703. With the potential to generate $14,000+ per month in net cash flow, this investment opportunity offers an attractive return on investment.Take advantage of this chance to own a high-performing vacation rental property in a desirable location. Contact us today to schedule a viewing and start your journey toward financial success!
Exterior Features

Lot Size Area 217800 Other Structures Other Parking Garage None Total Parking 0

Interior Features

Baths Total 1.00 Cooling None Equipment Satellite Fireplace Rooms None Heating None

Property Features

Assessed Total Value 45900 Disclosures None Gross Income 168000 Gross Operating Income 168000 Like Units1 1 Net Operating Income 159564.00 Number Of Buildings 1 Number Of Units 1 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 8436 Type Of Units 1 Year Built Source Vendor Enhanced Zoning Rl-5

Listing provided courtesy of Elizabeth Pertschi DRE# of Sync Brokerage, Inc.: 818-770-3660.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-06-03T22:42:47.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211