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29 Palms CA Real Estate & Homes for Sale1 Properties Found
The median home value in 29 Palms, CA is $325,000.
The national median home value is $308,980.
The average price of homes sold in 29 Palms, CA is $325,000.
29 Palms real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact 29 Palms real estate agent to arrange a tour today!
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$1,099,0006563 Oasis Avenue 29 Palms, CA 92277
Courtesy: Maxwell R Brown - Commercial Asset Advisors
Maxwell R Brown
View additional info6563 Oasis Ave is a fully rebuilt multifamily asset in Twentynine Palms, California. The property has undergone extensive capital improvements in the last 18 months, including all new plumbing, full electrical, roofs, windows, HVAC, quartz countertops, vinyl flooring, cabinetry, fencing, landscaping, stucco, and paint. This turnkey investment property produces an above-market in-place cap rate of 7.50% and a proforma cap rate of 8.40%. The property consists of (4) Studios, (4) One bedrooms , and (1) Two bedroom / One bath unit. With its highly qualified and stable U.S. Military tenant base, this asset is sure to generate superior returns to market rate t-bills and bonds. In addition to the strong cash flow, investors will also benefit from the various tax benefits and appreciation returns of California real estate. This is a rare opportunity to acquire a truly turnkey multifamily asset at above-market return metrics with a strong tenant base and excellent upside potential. The City of Twentynine Palms rests in the Mojave Desert of Southern California located in between Los Angeles and Phoenix, Arizona. The city is home to Joshua Tree National Park headquarters and north entrance, one of the most popular national parks in the United States. It is also the proud host of the Marine Corps Air Ground Combat Center, the worlds largest Marine Corps training base. Locals of Southern California are familiar with Twentynine Palms proximity to the beautiful vacation town of Palm Springs and Indio, CA, the host of one of the Worlds most famous music festivals, Coachella. The city offer
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How may I help you?Get property information, schedule a showing or find an agent29 Palms & Nearby Cities29 Palms Real Estate Landers Homes for Sale Twentynine Palms Homes for Sale Joshua Tree Homes for Sale Johnson Valley Homes for Sale Yucca Valley Homes for Sale Pioneertown Homes for Sale Morongo Valley Homes for Sale Newberry Springs Homes for Sale Desert Hot Springs Homes for Sale Sugarloaf Homes for Sale |
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