1020 Boulevard - Hospitality FOR SALE


Seaside Heights, NJ 08751
$2,950,000 USD
732-773-8862
1020 Boulevard, Seaside Heights, NJ for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

1020 Boulevard
Seaside Heights, NJ 08751


HIGHLIGHTS

  • 21 guest units + 2-bedroom owner/manager apartment
  • Prime Seaside Heights location
  • Turnkey, well-maintained operation, rated #1 in Seaside Heights.
  • Year-round income potential, strong repeat customer base, major upside through online booking integration.
  • 1 block to beach & boardwalk, 2 blocks to Casino Pier & Waterpark

OVERVIEW

Sunburst Motel – Seaside Heights, NJ Rated #1 Motel in Seaside Heights – Now Offered for Sale. After 42 successful years of ownership, it is finally time to retire and pass along one of Seaside Heights’ top-rated hospitality properties. Sunburst Motel I features 21 guest units plus a spacious 2-bedroom owner/manager apartment. Ideally located just 1 block from the beach and boardwalk and only 2 blocks from Casino Pier and Breakwater Beach Waterpark, this property sits in one of the most desirable tourism corridors in town. Opportunities like this are rare — especially for a consistently top-rated motel with a long-standing reputation and loyal customer base. This fully turnkey property has been meticulously maintained and updated over the years. While many motels in the area operate primarily as seasonal businesses, Sunburst has successfully evolved into a year-round income-producing property. Since COVID, the strong demand for small apartment-style accommodations has created a profitable niche market for the motel’s efficiency units, helping generate income beyond the traditional summer season. The property currently operates with a simple phone reservation system only, presenting substantial upside potential for a new owner. Expanding into online travel and booking platforms such as Booking.com, Expedia, Airbnb, and direct online reservations could significantly increase occupancy, visibility, and overall revenue. A rare chance to acquire a well-established Jersey Shore hospitality property with proven performance, strong branding, and future growth potential.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$294 USD /SF

# OF ROOMS

21

PRICE/ROOM

$140,476 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunburst Motel I

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,664 SF

ZONING

RB

APN/PARCEL ID

27-00040-0000-00001,27-00040-0000-00060

ASK ABOUT THIS PROPERTY

Robert HeffernanSunburst MotelMore Info
732-773-8862

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Robert HeffernanSunburst MotelMore Info
732-773-8862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.