1205 Ocean Ave - Hospitality FOR SALE


Point Pleasant Beach, NJ 08742
$61,500,000 USD
732-232-4724
1205 Ocean Ave, Point Pleasant Beach, NJ for Sale
$61,500,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

1205 Ocean Ave
Point Pleasant Beach, NJ 08742


OVERVIEW

This is a fantastic redevelopment project 72 Ocean front units as well as an additional 58 units in the main building and lots of room to ad more. Similar units have recently closed from $1,100,000 to $1,450,000 theses are recent comps for properties built in the 80's There hasn't been New construction Ocean front property built in over 40 years in Point Pleasant beach. This is a much sought after family friendly community with quaint downtown area a local train station to NY. Call to arrange a private tour. THIS IS A MUST SEE TO BELIEVE NOTHING LIKE IT ON THE JERSEY SHORE!!!!!! Bradford 732 232 4724 bradford.sine@gmail.com K/W Realtors Ocean Living Point Pleasant Beach NJ 08742 MAIN BUILDING IS

FOR SALE DETAILS

PRICE

$61,500,000 USD

PRICE/SF

$1,148 USD /SF

# OF ROOMS

130

PRICE/ROOM

$473,077 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The White Sands

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1997

PARKING SPACES

113

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,911 SF

ZONING

RR3

APN/PARCEL ID

26-00027-0000-00001

ASK ABOUT THIS PROPERTY

Bradford SineKeller/Williams Ocean Living 1513 Richmond AveMore Info
732-232-4724

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Bradford SineKeller/Williams Ocean Living 1513 Richmond AveMore Info
732-232-4724

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