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Flamingo Inn 124 Kearney Ave 24 Room Hotel Seaside Heights, NJ 08751 $1,249,000 ($52,042/Room)
EXECUTIVE SUMMARY
Great investment opportunity. 23 rooms just over 1 block from the Beautiful Seaside Heights Beaches. Could be 4 single family building lots. Walk to everything including the pristine Seaside Beaches, Rides, New Amusement Pier, Waterpark and Shopping. Conveniently located off Parkway Exit 82, 1 hour from NYC, AC and Philly.
PROPERTY FACTS
| Price | $1,249,000 | Building Size | 5,280 SF |
| Price Per Room | $52,042 | No. Rooms | 24 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 1.52/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.19 AC | ||
| Zoning | RES - Residential | ||
| Price | $1,249,000 |
| Price Per Room | $52,042 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,280 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.52/1,000 SF |
| Corridor | Exterior |
| Zoning | RES - Residential |
AMENITIES
- Pool
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $127.00 | - |
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 27-00043-0000-00016 | Improvements Assessment | $626,400 |
| Land Assessment | $1,461,500 | Total Assessment | $2,087,900 |
PROPERTY TAXES
Parcel Number
27-00043-0000-00016
Land Assessment
$1,461,500
Improvements Assessment
$626,400
Total Assessment
$2,087,900
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Flamingo Inn | 124 Kearney Ave
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