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1211 Boulevard
Seaside Heights, NJ 08751
Hotel Charlee Villas · Hospitality Property For Sale
·
21 Rooms

EXECUTIVE SUMMARY
Just approved for 10 New Townhomes. Presently operated as 21 Unit Hotel plus Mgrs Suite. Includes Suites, Hotel Rooms, w Private Balcony's plus a 2 Bedroom Apartment, Pool & Lounge area. One Block to the Beach. Prestigeous North End, walk to rides, shopping, beach, restaurants. State of the Art Security Camera System. Includes new tenant operated restaurant onsite. Huge potential upside to the income to be run as upscale online Airbnb Style Boutique Property. Over a dozen local motels recently torn down creating a huge demand for seasonal rentals. Jump in on the massive redevelopment taking place in Seaside Heights. Great opportunity to be a Flag/Franchise or Airbnb Style Property 1 Hour to NYC, Philly & AC of Pky Exit 82. Financing Available to qualified buyers only.
PROPERTY FACTS
| Price Per Room | $190,429 | Building Size | 19,188 SF |
| Sale Type | Investment | No. Rooms | 21 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1985 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 0.26 AC | Corridor | Exterior |
| Zoning | RB - Central Business; Commercial; Live-in Professional; Multi-Use; Neighborhood | ||
| Price Per Room | $190,429 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 19,188 SF |
| No. Rooms | 21 |
| No. Stories | 3 |
| Year Built | 1985 |
| Parking Ratio | 0.83/1,000 SF |
| Corridor | Exterior |
| Zoning | RB - Central Business; Commercial; Live-in Professional; Multi-Use; Neighborhood |
AMENITIES
- Balcony
- Business Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 18 | $127.00 | - |
| Guest Room | 3 | $87.00 | - |
PROPERTY TAXES
| Parcel Number | 27-00044-0000-00005 | Improvements Assessment | $200,000 |
| Land Assessment | $1,995,000 | Total Assessment | $2,195,000 |
PROPERTY TAXES
Parcel Number
27-00044-0000-00005
Land Assessment
$1,995,000
Improvements Assessment
$200,000
Total Assessment
$2,195,000
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