1012 Black Horse Pike - Hospitality FOR SALE


Pleasantville, NJ 08232- Outer Atlantic City
$2,750,000 USD
609-457-4994
1012 Black Horse Pike, Pleasantville, NJ for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

1012 Black Horse Pike
Pleasantville, NJ 08232
Outer Atlantic City


OVERVIEW

46 UNIT MOTEL SURROUNDED BY MAJOR BOX RETAILERS SAMS CLUB WALMART SPENCERS GIFTS WHICH IS NEXT DOOR AND YOUR FAST FOOD HUBS MCDONALDS, CHICK-FIL-A TACO BELL ALSO SURROUND THE PROPERTY. LOCATED ON A MAJOR HIGHWAY TWO AND FROM ATLANTIC CITY ITS A WELL EXPOSED MOTEL. THE MOTEL WAS WELL THOUGHT OUT WITH EACH ROOM HAVING ITS OWN ELECTRIC PANELS AND SHUT OFF VALUES TO EACH ROOM, ROOM SIZES VARY BUT MOSTLY OVER 400 SQ FT. AS YOU PULL UNDER THE PORTE COCHE'RE AND EXIT TO THE MOTEL LOBBY YOU FIND A COMBO/ LOBBY AND A BREAKFEST AREA FOR GUEST. THE MOTEL ALSO HAS POOL, LAUNDRY FACILITY, MANAGERS QUARTERS, PARTIAL BASEMENT AND ELECTRIC UPGRADES TO EXPAND IF NEEDED. PARKING FOR 51 CAR ( A MUST SEE)

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$130 USD /SF

# OF ROOMS

45

PRICE/ROOM

$61,111 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Atlantic Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2001

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

UEZC

APN/PARCEL ID

19-00045-0000-00003

ASK ABOUT THIS PROPERTY

Sheldon GraceGrace PropertiesMore Info
609-457-4994

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Sheldon GraceGrace PropertiesMore Info
609-457-4994

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