600 E Central Ave - Hospitality FOR SALE


Seaside Heights, NJ 08751
$2,075,000 USD
732-586-9612
600 E Central Ave, Seaside Heights, NJ for Sale
$2,075,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

600 E Central Ave
Seaside Heights, NJ 08751


HIGHLIGHTS

  • Property includes a private pool and central office space!
  • Brand new digital locks and security system

OVERVIEW

The Metropole Motel and Apartments is a first class deluxe family lodging establishment with 24 rooms in the splendid seaside town of Seaside Heights. The Metropole rooms and property have all been recently updated and retrofitted with new security cameras and hotel style door lock system. Most of the heating and air conditioning systems have been replaced and all of the rooms have been updated with modern furnishings. Full WIFI is provided for management and guests. The Metropole features a private pool and main office area for property management. We are located within very close walking distance to the majestic Atlantic Ocean and Barnegat Bay and we're surrounded by many great attractions and the motel is open year round. Can be sold with neighboring lot with 2 Unit Multi Family. Effectively two lots between Blaine and Sumner Ave on Central Ave.

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$304 USD /SF

# OF ROOMS

24

PRICE/ROOM

$86,458 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metropole Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RB

APN/PARCEL ID

27-00023-0000-00002

ASK ABOUT THIS PROPERTY

Daniel VaysbergReal Estate AcademyMore Info
732-586-9612

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Daniel VaysbergReal Estate AcademyMore Info
732-586-9612

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