Deliver a highly efficient hospitality investment to a growing portfolio with the attractive acquisition of the Pink Champagne Motel at 4910 Atlantic Avenue in Wildwood, New Jersey. Originally built in 1957, this meticulously maintained 25-key motel spans a total of 8,000 square feet across three floors. This exceptional opportunity allows investors to secure a performing hospitality property with significant growth potential through the introduction of operational efficiencies within a high demand tourism hub. Sitting within a designated opportunity zone, there is also long-term potential as a covered land play, allowing a new owner to collect existing income while laying the groundwork for a variety of redevelopment projects.
The Pink Champagne Motel offers comfortable accommodations, with 6 one-room efficiencies, 12 studio units, 3 one-bedroom units, 3 two-person efficiencies, and a one-bedroom owner’s quarters that allows for convenient onsite management. The recently enhanced property provides heat flooring, a security camera system, an ice machine, a BBQ grill, a laundry chute, and eleven new access ports. Guests can enjoy onsite parking, with 15 surface and 6 covered spaces available. The high traffic location receives brand exposure to almost 6,000 daily vehicles and can easily leverage this elevated traffic with prominent signage and easy points of ingress from the city’s busiest thoroughfares.
Placed strategically just off the corner of Atlantic Avenue and Rio Grande Avenue, The Pink Champagne Motel attracts guests with proximity to Wildwood’s busiest destinations and traffic drivers. The location is walkable to the Wildwoods Convention Center, The Wildwoods Beach Ball Sign, the Doo Wop Experience Museum, and the Wildwood Boardwalk. The area’s primary draw, Wildwood Beach, is also within walking distance, delivering 5 miles of white sand beaches.
Wildwood is a picturesque destination of Cape May that lies approximately 40 minutes south of Atlantic City and the Atlantic City International Airport. The city has recently been discovered as a top-quality tourism destination, ranking in Priceline’s 2025 “Where to Travel Next” trend report, and topping USA Today’s “Best Beaches in New Jersey” ranking. Heightened tourist interest drove visitor spending of more than $374 million to the city during the first half of 2024, a steady increase over previous years. With the surrounding submarket showing robust growth in occupancy, average daily rate, and revenue per available room year-over-year, the Pink Champagne Motel provides a performing hospitality asset with additional significant growth potential.