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Palm Inn 2128 State Highway 58 Business Route E 15 Room Hotel Mojave, CA 93501 $1,100,000 ($73,333/Room)



INVESTMENT HIGHLIGHTS
- Absentee Owned and Managed
- Excellent Location
- Excellent Owner Operator Potential
EXECUTIVE SUMMARY
Re/Max Commercial’s Hospitality Group, as the sole and exclusive agent for the owner, has been retained to offer for sale a fee simple interest in the 15-room Palm Inn in Mojave. An absentee owner, managed by a manager, is conveniently located on California State Route 58 (CA 58). Palm Inn has a two-bedroom manager’s residence, which has a tremendous upside with an owner-operator.
All the rooms are fully renovated. The property features a single-story L-shaped exterior corridor building. All the TV, washer-dryer, ice machine, and a 100-gallon water heater are new. Every room is equipped with a refrigerator, TV, microwave, coffee maker, alarm clock, and hair dryer. An in-house laundry facility is available.
A budget-conscious traveler gets a large, clean, comfortable room for a good night's sleep. The unflagged Aerospace Inn is conveniently situated in the heart of the Mojave Desert, on California State Route 58. It is only 1.3 miles from the Mojave Air and Space Port, which is ideal for aerospace activities and the maintenance of commercial aircraft. The inn is also within walking distance of restaurants, shopping, and convenience stores. A few other attractions include: Willow Springs International Raceway, which is only 18 miles away, Edwards Air Force Base, which is only 23 miles away, and the Edwards Flight Test Museum, which is 24 miles away.
All the rooms are fully renovated. The property features a single-story L-shaped exterior corridor building. All the TV, washer-dryer, ice machine, and a 100-gallon water heater are new. Every room is equipped with a refrigerator, TV, microwave, coffee maker, alarm clock, and hair dryer. An in-house laundry facility is available.
A budget-conscious traveler gets a large, clean, comfortable room for a good night's sleep. The unflagged Aerospace Inn is conveniently situated in the heart of the Mojave Desert, on California State Route 58. It is only 1.3 miles from the Mojave Air and Space Port, which is ideal for aerospace activities and the maintenance of commercial aircraft. The inn is also within walking distance of restaurants, shopping, and convenience stores. A few other attractions include: Willow Springs International Raceway, which is only 18 miles away, Edwards Air Force Base, which is only 23 miles away, and the Edwards Flight Test Museum, which is 24 miles away.
PROPERTY FACTS
| Price | $1,100,000 | Building Size | 4,336 SF |
| Price Per Room | $73,333 | No. Rooms | 15 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1951/2024 |
| Property Subtype | Hotel | Parking Ratio | 3.69/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.70 AC | Opportunity Zone |
Yes
|
| Zoning | C-2 PD FPS - C-2 | ||
| Price | $1,100,000 |
| Price Per Room | $73,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 4,336 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built/Renovated | 1951/2024 |
| Parking Ratio | 3.69/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C-2 PD FPS - C-2 |
AMENITIES
- Wheelchair Accessible
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 15 | $60.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 236-330-04-00-7 | Improvements Assessment | $78,030 |
| Land Assessment | $150,858 | Total Assessment | $228,888 |
PROPERTY TAXES
Parcel Number
236-330-04-00-7
Land Assessment
$150,858
Improvements Assessment
$78,030
Total Assessment
$228,888
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Palm Inn | 2128 State Highway 58 Business Route E
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