Property Detail

Description

Exceptional opportunity to acquire a well-maintained 7-unit apartment community in the established Harmony Acres neighborhood of Twentynine Palms. Situated on three contiguous parcels totaling approximately 0.59 acres, the property offers a desirable unit mix of five 2-bedroom, 1-bath units and two studios, providing strong in-place cash flow with additional upside through the lease-up of one currently vacant 2-bedroom unit. All seven units have been extensively renovated and feature upgraded kitchens and bathrooms, granite countertops, updated cabinetry, tile flooring, recessed lighting, dual-pane windows, and upgraded sliding glass doors. The five 2-bedroom units are equipped with ducted central heating and air conditioning powered by new York rooftop HVAC systems, while both studio units feature energy-efficient mini-split HVAC systems. The property also features five detached garages, on-site laundry providing additional income, ample off-street parking, and low-maintenance desert landscaping. Gas and electric are separately metered for the 2-bedroom units, while the owner pays utilities for the studio units. Conveniently located just north of CA-62 with quick access to downtown Twentynine Palms, the Marine Corps Air Ground Combat Center, and Joshua Tree National Park, the property benefits from rental demand driven by military personnel, tourism, and the areas continued growth. Property must be sold concurrently with 6424 Athol Avenue, Twentynine Palms, creating a rare opportunity to acquire a 13-unit apartment portfolio. Three contiguous APNs are included in the sale