61 Sumner Ave - Hospitality FOR SALE


Seaside Heights, NJ 08751
$4,500,000 USD
732-310-4594
61 Sumner Ave, Seaside Heights, NJ for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/43
null | Request Cap Rate

61 Sumner Ave
Seaside Heights, NJ 08751


HIGHLIGHTS

  • Beach Block
  • Turn-Key, Income producing
  • Completely renovated with luxury modern updates
  • Located adjacent to the Economic Redevelopment zone

OVERVIEW

Welcome to the SEASIDE SANDS INN, a Luxury Motel at the Jersey shore located at 61 Sumner Avenue, Seaside Heights, NJ. This stunning and fully renovated Motel is only a quick walk to the sand, surf, boardwalk, amusements, restaurants, and water park. It’s superb location in the heart of Seaside Heights is one of the first motels visitors will see as they come over the bridge into this resort town. The property includes 2 buildings featuring 18 upscale modern rooms (11 with 2 queen size beds, 6 with 2 king size beds, 1 with a single queen), 2 Suites- (sleeps 10 each), 1 Grande Suite- (full apartment with 2 bedrooms, kitchen, living room, and dining room- sleeps 6), Studio Apartment (kitchen and sleeps 3), laundry area and a large vestibule/office featuring a professional check-in area and comfortable sitting area and off street parking. This rare find Motel with luxury accommodations is an OPPORTUNITY for you to own a location on the beach block and adjacent to the Economic Redevelopment Zone. This is an income producing, turn-key, top choice motel with incredible reviews and is an amazing investment for the next entrepreneur. Seaside Heights has been a destination location for families for years and is on the verge of a complete transformation and revitalization. Now is the time to get in front of this growth that is present all through town including the Cabana Beach and Pool Club, Carousel, Beach and Boardwalk Beautification, New Single Family homes, Condominiums and so much more! Take a ride and see for yourself.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$649 USD /SF

# OF ROOMS

22

PRICE/ROOM

$204,545 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seaside Sands Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1940

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,693 SF

ZONING

RB

APN/PARCEL ID

27-00006-01-00059,27-00006-01-00065,27-00006-01-00067

ASK ABOUT THIS PROPERTY

George ShenewolfCrossroads Realty Inc.More Info
732-310-4594

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

George ShenewolfCrossroads Realty Inc.More Info
732-310-4594

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