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Hotel

Atlantic City, New Jersey (Atlantic County)

Services - Hotels & Other Lodging

Asking Price $1,300,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E included* Employees N/A

* included in the asking price

** not included in the asking price

Hotel is beach block with 44 units. Seller will finance $900,000 @ 6% for five years based on a 30 amortization. Needs 400k Dn. Hotel is in good condition. Many rooms recently remodeled and others being remodeled and restored to its original charm and splendor. Unique opportunity to invest in a beach block hotel in Atlantic City. Daily and monthly rooms available. Zoned Casino Resort Commercial. Recently upgraded manager's suite. Higher potential income when upgraded rooms come on line.

Facilities: 44 unit motel on beach block in Atlantic City NJ

Competition: Unique opportunity for investment.

Financing: seller will finance $900,000 @ 6% for five years based on a 30 amortization

Support/Training: Two Weeks

Reason Selling: Other Interests

Business For Sale By

Eleanor Murray

856-428-8900

Murray & Associates

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