175-181 S Tennessee Ave - Hospitality FOR SALE


Atlantic City, NJ 08401
$3,495,000 USD
415-889-3314
175-181 S Tennessee Ave, Atlantic City, NJ for Sale
$3,495,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

175-181 S Tennessee Ave
Atlantic City, NJ 08401


HIGHLIGHTS

  • Strategic Location: Proximity to Atlantic City's attractions enhances guest traffic and occupancy.
  • Brand Affiliation: Part of Wyndham Hotels & Resorts, benefiting from global brand recognition.
  • Efficient Operation: Economy classification enables high RevPAR and low operational costs.

OVERVIEW

The offering memorandum highlights the sale of fee simple and lease hold interest in the Super 8 by Wyndham Atlantic City, a 71-key economy hotel located at 175 S. Tennessee Avenue, steps away from the beach and boardwalk. Affiliated with Wyndham Hotels & Resorts, this property capitalizes on Atlantic City's tourist appeal, offering a strategic investment opportunity with robust market performance indicators. SIGN NDA: https://na4.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=05aa164a-9439-4aea-a7c8-0b263b585422&env=na4&acct=9471c1b7-fe53-4a96-b95d-08824ce97ab0&v=2

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$92 USD /SF

# OF ROOMS

68

PRICE/ROOM

$51,397 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Atlantic City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,889 SF

ZONING

RS-C

APN/PARCEL ID

02-00054-0000-00021,02-00054-0000-00022,02-00054-0000-00023,02-00054-0000-00035,02-00054-0000-00036,02-00054-0000-00037,02-00054-0000-00038,02-00054-0000-00039

ASK ABOUT THIS PROPERTY

Anudeep GosalBesen PartnersMore Info
415-889-3314

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Anudeep GosalBesen PartnersMore Info
415-889-3314

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