899 Corkery Ln - Hospitality FOR SALE


Williamstown, NJ 08094
$1,900,000 USD
899 Corkery Ln, Williamstown, NJ for Sale
$1,900,000 USD
Hospitality - FOR SALE
1/18
null | 9.83% Cap Rate

899 Corkery Ln
Williamstown, NJ 08094


OVERVIEW

Investor’s dream! Welcome to 899 Corkery Lane — a rare and flexible property offering immediate cash flow with long-term upside potential. Strategically located just off the Black Horse Pike in the heart of Williamstown, this well-positioned motel property sits on a spacious parcel with high visibility and easy access to major highways, shore points, and Philadelphia. Currently operating as a fully functional motel, the property features 25 units with private entrances and ample parking.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$210 USD /SF

# OF ROOMS

21

PRICE/ROOM

$90,476 {currency}

CAP RATE

9.83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

32

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

PRC

APN/PARCEL ID

11-11002-0000-00003

ASK ABOUT THIS PROPERTY

Joshua Levin, CCIMLevin Commercial Real Estate, LLCMore Info

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Joshua Levin, CCIMLevin Commercial Real Estate, LLCMore Info

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