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Motel for Sale in Atlantic County, NJ.

Atlantic County, NJ

Seller Financing Available
Motel for Sale in Atlantic County, NJ.
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Asking Price: $2,400,000

Cash Flow: $414,000

Gross Revenue: $528,000

EBITDA: $414,000

FF&E: N/A

Inventory: N/A

Real Estate: $1,700,000

Established: 1975

Motel for Sale in Atlantic County, NJ.

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Business Description

Motel for Sale in Atlantic County, NJ.

Property includes: 14 Efficiency motel Rooms, 12 Apartment Units
Restaurant + 6 Bldg lots,
6 Lots + Hotel + Restaurant
12 Apartments $402.50 per week incl taxes
14 Efficiencies $265 per week.
On major highway in Somers Point, NJ. area. Fully furnished.
Seller financing with $500,000 down.

Detailed Information

Location:
Atlantic County, NJ
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
14 Efficiency motel Rooms, 12 Apartment Units, Restaurant + 6 Building lots. Fully furnished!
Financing:
$1,900,000 @ 5%. $500,000 down!
Support & Training:
2 Weeks
Reason for Selling:
Illness
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Contact the Seller

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Eleanor Murray

Business Listed By:
Eleanor Murray

Murray & Associates

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