Hammock Inn & Suites 1402 Boulevard 21 Room Hotel Seaside Heights, NJ 08751 $1,899,000 ($90,429/Room)
EXECUTIVE SUMMARY
Ocean Block 21 Unit Motel incl beautiful pool. Priced to move. Off street parking. Possible condo site for up to 10 units. Surrounded by value and new construction. Walk to the boardwalk, rides, shopping, amusements, restaurants and the Seaside Heights Beaches ranked one of New Jersey's Top Ten. Conveniently located off Parkway Exit 82, 1 hour from NYC, AC and Philly. Go to docs tab for income and expense. Pre-approval and/or proof of funds required before being shown.
PROPERTY FACTS
| Price | $1,899,000 |
| Price Per Room | $90,429 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,261 SF |
| No. Rooms | 21 |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 2.37/1,000 SF |
| Corridor | Interior |
| Zoning | RB |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $114.00 | - |
| Guest Room | 19 | $89.00 | - |
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 27-00036-0000-00007-01 | Improvements Assessment | $423,000 |
| Land Assessment | $477,000 | Total Assessment | $900,000 |
CONTACT
-
Michael Loundy -
Seaside Realty
