4906 Ocean Ave - Hospitality FOR SALE


Wildwood, NJ 08260
$1,299,000 USD
609-780-5355
4906 Ocean Ave, Wildwood, NJ for Sale
$1,299,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

4906 Ocean Ave
Wildwood, NJ 08260


OVERVIEW

Turnkey Beachside Boutique Motel- Steps to the Wildwood Boardwalk, Convention Center & the Beach! Welcome to the "Rio Motel", acharming, beautifully maintained two-story boutique property perfectly perched near the Beach. The property features 7 fully furnished,apartment style & guest suites. Property consists of 2-2 bedroom apartment units & 5- 1 Room Suites with kitchenettes. Guests can soak up the ocean breezes and watch from the shared upper balcony. First floor unit has a private balcony. There is dedicated on-site parking. This property is near the annual country festival concert. Turnkey & steps to the sand. Schedule your showing today & must have a 48 hour appointment..

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$487 USD /SF

# OF ROOMS

11

PRICE/ROOM

$118,091 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rio Motel and Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1940

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

HM

APN/PARCEL ID

14-00042-0000-00015

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 Notice.