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Surfcomber Motel 4800 Atlantic Ave 31 Room Hotel Wildwood, NJ 08260 $4,350,000 ($140,323/Room)
Investment Highlights
- Location to beach and boardwalk
Executive Summary
The Surf Comber Motel has been a favorite destination for families for years! Outstanding location, within walking distance to all that the Wildwoods has to offer. Consists of 32 units with 15 of them being efficiency units, designed for comfort and convenience, ideal for families with a fully equipped kitchenette. Amenities include a large in ground pool and second floor sun deck with ocean views. Owners quarters on premises as well as a welcoming office.
Property Facts
| Price | $4,350,000 | Building Size | 12,000 SF |
| Price Per Room | $140,323 | No. Rooms | 31 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1965 |
| Property Subtype | Hotel | Parking Ratio | 1.33/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.30 AC | Opportunity Zone |
Yes
|
| Zoning | H/M1 | ||
| Price | $4,350,000 |
| Price Per Room | $140,323 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 12,000 SF |
| No. Rooms | 31 |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.33/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | H/M1 |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 31 | $94.00 | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-00051-0000-00028 | Improvements Assessment | $705,000 |
| Land Assessment | $505,000 | Total Assessment | $1,210,000 |
Property Taxes
Parcel Number
14-00051-0000-00028
Land Assessment
$505,000
Improvements Assessment
$705,000
Total Assessment
$1,210,000
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Surfcomber Motel | 4800 Atlantic Ave
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