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Sea Palace Inn & Motel 136 Sumner Ave 44 Room Hotel Seaside Heights, NJ 08751 $5,900,000 ($134,091/Room)
EXECUTIVE SUMMARY
Best value on the Market strong income CALL TODAY Bradford 732 232 4724 to tour both Motels
PROPERTY FACTS
| Price | $5,900,000 | Lot Size | 0.20 AC |
| Price Per Room | $134,091 | Building Size | 1,588 SF |
| Sale Type | Investment | No. Rooms | 44 |
| Sale Condition | Business Value Included | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 1936 |
| Property Subtype | Hotel | Parking Ratio | 8.82/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | RB - Retail Business | ||
| Price | $5,900,000 |
| Price Per Room | $134,091 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 1,588 SF |
| No. Rooms | 44 |
| No. Stories | 4 |
| Year Built | 1936 |
| Parking Ratio | 8.82/1,000 SF |
| Corridor | Exterior |
| Zoning | RB - Retail Business |
AMENITIES
- Pool
- Restaurant
ABOUT 136 SUMNER AVE , SEASIDE HEIGHTS, NJ 08751
Welcome to Sea Palace Inn & Motel in Seaside Heights NJ Sea Palace Inn and Motel is a family owned and operated business for past 16 years. We strive to provide excellent service to all our guests. Sea Palace Inn and Motel caters to couples, small and large families, reunions, bachelor/bachelorette events, wedding events, sports events, after prom and graduation celebrations. Sea Palace Inn and Motel are two adjacent sister motels located in heart of Seaside Heights. Sea Palace Inn and Motel are located one and half block from famous Seaside Heights Beach and Boardwalk. Sea Palace Inn is four story with the view of the bay from the top floor. Sea Palace Inn is the only newest property to be built in recent history. Sea Palace Inn offers all modern amenities such as a handicap ramp, handicap accessible room on the ground floor with large bathroom, and honeymoon room with Red Heart Shape Jacuzzi. Sea Palace Motel also offers modern amenities such as an outdoor pool, free parking, free Wi-Fi, BBQ gas grill, rooms equipped with micro-fridge and tiled floor.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $200.00 | - |
| Guest Room | 43 | $78.00 | - |
PROPERTY TAXES
| Parcel Number | 27-00015-0000-00028 | Improvements Assessment | $1,108,500 |
| Land Assessment | $1,350,000 | Total Assessment | $2,458,500 |
PROPERTY TAXES
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Sea Palace Inn & Motel | 136 Sumner Ave
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