915 Route 73 - Hospitality FOR SALE
Mount Laurel, NJ 08054 |
915 Route 73
Mount Laurel, NJ 08054
HIGHLIGHTS
- Hotel and water park resort that is strategically located to be directly accessible to nearby area demand generators.
- Ideally positioned to reach a staycation market with future development potential via conversion to mixed-use, retail, multi-family, or other uses.
- Situated adjacent to the only intersection in the state where drivers can quickly switch from I-295 to the NJ Turnpike.
- This offering is for Fee Simple interest and is unencumbered by brand or management, available well below replacement cost.
- Huge opportunity for post-renovation revenue growth and well-positioned to take advantage of pent-up event demand with 14,000-SF of meeting space.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Hotel ML & CoCo Key Water Resort
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
228264
STORIES
10
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1975
PARKING SPACES
547
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
B
APN/PARCEL ID
24-01202-0000-00004
