3400 Atlantic Ave - Hospitality FOR SALE


Wildwood, NJ 08260
$10,999,000 USD
609-780-5355
3400 Atlantic Ave, Wildwood, NJ for Sale
$10,999,000 USD
Hospitality - FOR SALE
1/17
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3400 Atlantic Ave
Wildwood, NJ 08260


OVERVIEW

Beach Terrace Motel in the heart of the Entertainment District on the Island of Wildwood. The property consists of 78 units which all are 2 room suites with 24 efficiencies. Included is a full service Restaurant/Bar with Liquor License which seats 186 plus additional 399 seating for the restaurant. There is Pool, 2 elevators, Large Patio Deck, Cameras, Bar, Laundry etc. and Large Lobby. This location is front and center with all units directly across from the Beach & World Famous Boardwalk. Truly an exceptional piece of property with each unit having endless shore views. Ample Parking with total parking for approximately 160 cars. Recent Renovations: (2) New Elevators w/ cabs, steel work, and precast. Appointment necessary.

FOR SALE DETAILS

PRICE

$10,999,000 USD

PRICE/SF

$347 USD /SF

# OF ROOMS

78

PRICE/ROOM

$141,013 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beach Terrace Motor Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

160

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

28,000 SF

ZONING

TE

APN/PARCEL ID

14-00186-0000-00001

ASK ABOUT THIS PROPERTY

Fred DiAntonioCape May Commercial - The DiAntonio GroupMore Info
609-780-5355

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Fred DiAntonioCape May Commercial - The DiAntonio GroupMore Info
609-780-5355

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