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235 E Garfield Ave
Wildwood, NJ 08260
Garfield Beach House · Hospitality Property For Sale
·
12 Rooms
INVESTMENT HIGHLIGHTS
- Located within close proximity to Wilwood Boardwalk
- 1 to 5 street parking spaces
EXECUTIVE SUMMARY
Incredible investment opportunity to purchase this motel style apartment building in the heart of Wildwood. 235 E Garfield Av. has been completely renovated and consists of 7 two-bedroom apartments and 5 one-bedroom apartments, and it's run as a full-service motel. All units feature air conditioning/heat systems, that allow for year-round use. One electric meter. Centrally located, within a walking distance to the best that Wildwood has to offer, this property has a solid potential for incredible rental /Airbnb cash flow. Located in a qualified NJ opportunity zone
PROPERTY FACTS
| Price Per Room | $154,167 | Building Size | 7,616 SF |
| Sale Type | Investment | No. Rooms | 12 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1936/2016 |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.09 AC | Opportunity Zone |
Yes
|
| Zoning | RM - Commercial | ||
| Price Per Room | $154,167 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 7,616 SF |
| No. Rooms | 12 |
| No. Stories | 3 |
| Year Built/Renovated | 1936/2016 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | RM - Commercial |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 14-00165-0000-00009 | Improvements Assessment | $331,400 |
| Land Assessment | $105,000 | Total Assessment | $436,400 |
PROPERTY TAXES
Parcel Number
14-00165-0000-00009
Land Assessment
$105,000
Improvements Assessment
$331,400
Total Assessment
$436,400
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