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Investment Highlights

  • Development Flexibility: City approval for additional units or ADUs, with potential for commercial development given the prime location.
  • Strong In-Place Income: Currently generating $3,350 gross monthly ($40,200 annually).
  • Young & Active Population: Home to the Marine Corps Air Ground Combat Center, the city maintains a steady influx of personnel and contractors.

Executive Summary

Located at 72121 Hatch Road, this unique multi-family property offers a rare combination of immediate cash flow and massive development potential in the heart of the booming High Desert. Situated on an expansive 36,621 sq. ft. lot, this property is perfectly positioned for an investor looking to capitalize on the growing demand for housing in Twentynine Palms.
Four Detached Studio Units: Private, stand-alone units that provide tenants with a "tiny home" feel.
Strong In-Place Income: Currently generating $3,350 gross monthly ($40,200 annually).
Proforma Potential: Estimated market rents reach $3,800/month.
Massive Lot (0.84 Acres): A nearly 37,000 sq. ft. lot providing ample space for expansion.
Development Flexibility: City approval for additional units or ADUs, with potential for commercial development given the prime location.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $781,293 CAD
Price Per Unit $195,323 CAD
Sale Type Investment
Cap Rate 3.80%
Sale Conditions
1031 Exchange
  • Redevelopment Project
Gross Rent Multiplier 12.4
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Garden
Lot Size 0.84 AC
Building Size 1,440 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1946/2010
Zoning Commercial - City approval for additional units or ADUs, with potential for commercial development given the prime location.

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 $1,155 CAD 340
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0616-292-01
Land Assessment
$81,526 CAD
Improvements Assessment
$214,957 CAD
Total Assessment
$296,484 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40363119

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 72121 Hatch Rd, Twentynine Palms, CA 92277

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