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Isle of Palms Motel 3200 Atlantic Ave 54 Room Hotel Wildwood, NJ 08260 $6,900,000 ($127,778/Room)
Property Facts
| Price | $6,900,000 | Building Size | 37,659 SF |
| Price Per Room | $127,778 | No. Rooms | 54 |
| Sale Type | Investment | No. Stories | 5 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1969/2011 |
| Property Type | Hospitality | Parking Ratio | 0.66/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.51 AC | ||
| Zoning | TE | ||
| Price | $6,900,000 |
| Price Per Room | $127,778 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 37,659 SF |
| No. Rooms | 54 |
| No. Stories | 5 |
| Year Built/Renovated | 1969/2011 |
| Parking Ratio | 0.66/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | TE |
Amenities
- Balcony
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
About 3200 ATLANTIC AVE , WILDWOOD, NJ 08260
Isle of Palms Motel- 54 units which consists of 24 two room efficiencies & 30 two room suites) & includes an owner's quarters, located one blockfrom Wildwood's Beach, Boardwalk, Amusement Piers and Waterparks. Boardwalk, Waterparks and all amusements are all within walkingdistance of the hotel. Amenities include a Fitness Room, Sauna, Game Room, Elevator, Free Guest Laundry, Large Elevated Heated Pool,Jacuzzi and Kiddie Pool make the Isle of Palms one of Wildwood's premiere family resorts! Appointment necessary
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 54 | $130.00 | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-00201-0000-00002 | Improvements Assessment | $2,020,000 |
| Land Assessment | $1,150,000 | Total Assessment | $3,170,000 |
Property Taxes
Parcel Number
14-00201-0000-00002
Land Assessment
$1,150,000
Improvements Assessment
$2,020,000
Total Assessment
$3,170,000
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Isle of Palms Motel | 3200 Atlantic Ave