NEW PRICE - 30+ Units - Motel / Lodging for Sale

Cape May County, NJ

NEW PRICE - 30+ Units - Motel / Lodging for Sale

Asking Price:$1,599,000

Cash Flow:N/A

Gross Revenue:N/A





NEW PRICE - 30+ Units - Motel / Lodging for Sale

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Business Description

Location, Location, Location – The site offers high visibility and excellent exposure to both travelers and tourists alike. Situated on the corner of multiple north/south access roads and close to the Garden State Parkway, this Jersey Shore Business is uniquely positioned. Guests are centrally located and in close proximity to the Cape May Ferry, Cape May Zoo, Cold Spring Village and the southern barrier islands. Boasting a well-established reputation for value and cleanliness, this family-owned business has been proudly operating since the 1970’s. With 34 pet-friendly units including motel rooms, efficiencies and 1 & 2 bedroom units, the year-round facility can accommodate various lodging requirements. There may be the potential for additional development - bring you Land Use expert to explore the possibilities! Highlights of the Business and site are as follows:

• 34 Units – including some efficiencies and 1 & 2 bedroom units
• Large Owner’s unit – 2-story, 3 bedroom, 2.5 baths
• Approximately 2 +/- acre corner lot
• Excellent location – high traffic count & visibility
• Open year round
• Amenities include a swimming pool, picnic area, charcoal grills, Wifi and pet friendly rooms
• Motel / Hotel Zoning - potential for additional development on site

Includes: All furniture, fixtures, equipment and goodwill
PRICE - $1,599,000

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Robert Beach

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Robert Beach

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