136 Sumner Ave - Hospitality FOR SALE


Seaside Heights, NJ 08751
$6,500,000 USD
732-232-4724
136 Sumner Ave, Seaside Heights, NJ for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

136 Sumner Ave
Seaside Heights, NJ 08751


OVERVIEW

Welcome to Sea Palace Inn & Motel in Seaside Heights NJ Sea Palace Inn and Motel is a family owned and operated business for past 16 years. We strive to provide excellent service to all our guests. Sea Palace Inn and Motel caters to couples, small and large families, reunions, bachelor/bachelorette events, wedding events, sports events, after prom and graduation celebrations. Sea Palace Inn and Motel are two adjacent sister motels located in heart of Seaside Heights. Sea Palace Inn and Motel are located one and half block from famous Seaside Heights Beach and Boardwalk. Sea Palace Inn is four story with the view of the bay from the top floor. Sea Palace Inn is the only newest property to be built in recent history. Sea Palace Inn offers all modern amenities such as a handicap ramp, handicap accessible room on the ground floor with large bathroom, and honeymoon room with Red Heart Shape Jacuzzi. Sea Palace Motel also offers modern amenities such as an outdoor pool, free parking, free Wi-Fi, BBQ gas grill, rooms equipped with micro-fridge and tiled floor.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$4,093 USD /SF

# OF ROOMS

44

PRICE/ROOM

$147,727 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sea Palace Inn & Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1936

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

RB

APN/PARCEL ID

27-00015-0000-00028

ASK ABOUT THIS PROPERTY

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Bradford SineKeller/Williams Ocean Living 1513 Richmond AveMore Info
732-232-4724

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