2300 Route 35 - Hospitality FOR SALE


Manasquan, NJ 08736
$3,388,000 USD
646-824-7180
2300 Route 35, Manasquan, NJ for Sale
$3,388,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

2300 Route 35
Manasquan, NJ 08736


HIGHLIGHTS

  • High-visibility main road location with heavy traffic, just minutes from the beach

OVERVIEW

New Jersey Shore Motel for Sale Turnkey Investment | Strong Cash Flow | Prime Location ? Approx. 0.6 acres (26,317 sqft) ? 18 guest rooms + on-site manager’s quarters ? 29 parking spaces + outdoor pool ? Real estate + motel business included in the sale Annual Net Profit: Approx. $400,000 Situated in a high-demand tourist area with consistent occupancy and strong returns Bonus: Adjacent Rental Property Included ? Currently rented at $2,400/month ? Stable tenant providing additional passive income Perfect for investors, owner-operators, family business, or long-term hold

FOR SALE DETAILS

PRICE

$3,388,000 USD

PRICE/SF

$437 USD /SF

# OF ROOMS

18

PRICE/ROOM

$188,222 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Twin Oaks Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1948

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

HB20

APN/PARCEL ID

52-00301-0000-00009

ASK ABOUT THIS PROPERTY

Kim (Aaron) GohRobert DeFalco RealtyMore Info
646-824-7180

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Kim (Aaron) GohRobert DeFalco RealtyMore Info
646-824-7180

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