55 DuPont Ave 18 - Hospitality FOR SALE


Seaside Heights, NJ 08751
$1,899,000 USD
732-793-5200
55 DuPont Ave 18, Seaside Heights, NJ for Sale
$1,899,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

55 DuPont Ave 18
Seaside Heights, NJ 08751


OVERVIEW

Ocean Block 18 Unit Motel. Has beautiful pool, off street parking & in good shape. Has opportunity to include 6 Large Apartments adjoining the property to create an amazing rental compound or build at least 15 New Condos. Priced to move w unlimited income potential due the great location & layout. This Ocean Block property is a rare opportunity as single families on the same block are selling for over $900K. Walk to everything as you would be steps from the Seaside Beaches ranked one of the Top Ten in New Jersey. Also walk to the boardwalk, rides, amusements & shopping., 1 Block to the amazing New Beach club including a huge pool & private cabanas. Conveniently located off Pky Exit 82, 1 Hr from NYC, AC & Philly. Perfect for a 1031 & ready to earn. Qualified Buyers only Please.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$293 USD /SF

# OF ROOMS

18

PRICE/ROOM

$105,500 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sea Gem Motel and Apartments

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R

APN/PARCEL ID

27-00001-0000-00049

ASK ABOUT THIS PROPERTY

Michael LoundySeaside RealtyMore Info
732-793-5200

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Michael LoundySeaside RealtyMore Info
732-793-5200

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