61850-61872 Chollita Rd - Assisted Livings FOR SALE


Joshua Tree, CA 92252
$2,050,000 USD
323-638-7567
61850-61872 Chollita Rd, Joshua Tree, CA for Sale
$2,050,000 USD
Assisted Livings - FOR SALE
1/15
null | Request Cap Rate

61850-61872 Chollita Rd
Joshua Tree, CA 92252


OVERVIEW

Opportunity is knocking at 61850 Chollita Road. 5 Freestanding Buildings with 24,000 Sq Ft of livable space on 1.63 acres in PRIME JOSHUA TREE is ready to be re-positioned into a 32-unit multifamily apartment building with pool. All the structures are intact making this an efficient and affordable opportunity that does not require ground up construction. Built in 1988 as a retirement home, this property is zoned JT/RM. Great opportunity for a rehab, retreat center, or apartment building. PRE PLANNING COMMENTS for 32 unit development are in hand. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

JT/RM

APN/PARCEL ID

0603-222-11,0603-222-25

ASK ABOUT THIS PROPERTY

Shawn KormondyKeller Wiliams RealtyMore Info
323-638-7567

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Shawn KormondyKeller Wiliams RealtyMore Info
323-638-7567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.