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Super 8 by Wyndham Atlantic City 175-181 S Tennessee Ave 68 Room Hotel Atlantic City, NJ 08401 $3,495,000 ($51,397/Room)
Investment Highlights
- Strategic Location: Proximity to Atlantic City's attractions enhances guest traffic and occupancy.
- Efficient Operation: Economy classification enables high RevPAR and low operational costs.
- Brand Affiliation: Part of Wyndham Hotels & Resorts, benefiting from global brand recognition.
Executive Summary
The offering memorandum highlights the sale of fee simple and lease hold interest in the Super 8 by Wyndham Atlantic City, a 71-key economy hotel located at 175 S. Tennessee Avenue, steps away from the beach and boardwalk. Affiliated with Wyndham Hotels & Resorts, this property capitalizes on Atlantic City's tourist appeal, offering a strategic investment opportunity with robust market performance indicators.
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Property Facts Under Contract
| Price | $3,495,000 | Building Size | 37,852 SF |
| Price Per Room | $51,397 | No. Rooms | 68 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1963/2001 |
| Property Subtype | Hotel | Parking Ratio | 0.54/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.46 AC | Opportunity Zone |
Yes
|
| Zoning | RS-C - Resort Commercial | ||
| Price | $3,495,000 |
| Price Per Room | $51,397 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 37,852 SF |
| No. Rooms | 68 |
| No. Stories | 4 |
| Year Built/Renovated | 1963/2001 |
| Parking Ratio | 0.54/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | RS-C - Resort Commercial |
Amenities
- Balcony
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $122.00 | - |
| Guest Room | 66 | $107.00 | - |
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,596,700 | |
| Land Assessment | $1,194,400 | Total Assessment | $2,791,100 |
Property Taxes
Parcel Numbers
Land Assessment
$1,194,400
Improvements Assessment
$1,596,700
Total Assessment
$2,791,100
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Super 8 by Wyndham Atlantic City | 175-181 S Tennessee Ave
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