50 Unit Motel for Sale in Wildwood Crest, NJ.

Cape May County, NJ

50 Unit Motel for Sale in Wildwood Crest, NJ.
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Asking Price: $4,600,000

Cash Flow: $225,000

Gross Revenue: $474,000

EBITDA: $225,000

FF&E: N/A

Inventory: N/A

Real Estate: $3,250,000

Established: 1958

50 Unit Motel for Sale in Wildwood Crest, NJ.

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Business Description

50 Unit Motel for Sale in Wildwood Crest, NJ.

50 Unit Motel + 2 apts. + 3 Bdrm. house, gift shop, coffee shop, large outdoor heated pool w/ kiddie area & sundeck. Each room has microwave, refrigerator, heat/air conditioning. Porcelain tile floors in all first and second floor units. 1 block to ocean and 8 blocks to boardwalk. Parking 62 cars. Same owner for 15 years.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
15PT
Facilities:
50 Units. Gift shop. Coffee shop. Large outdoor pool with kiddie area and Sundeck. 1 block to ocean & 8 blocks to boardwalk. Parking 62 cars.
Support & Training:
2 Weeks
Reason for Selling:
Retiring
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Eleanor Murray

Business Listed By:
Eleanor Murray

Murray & Associates

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