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600 E Central Ave
Seaside Heights, NJ 08751
Metropole Motel · Hospitality Property For Sale
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24 Rooms
Investment Highlights
- Property includes a private pool and central office space!
- Brand new digital locks and security system
Executive Summary
The Metropole Motel and Apartments is a first class deluxe family lodging establishment with 24 rooms in the splendid seaside town of Seaside Heights. The Metropole rooms and property have all been recently updated and retrofitted with new security cameras and hotel style door lock system. Most of the heating and air conditioning systems have been replaced and all of the rooms have been updated with modern furnishings. Full WIFI is provided for management and guests. The Metropole features a private pool and main office area for property management. We are located within very close walking distance to the majestic Atlantic Ocean and Barnegat Bay and we're surrounded by many great attractions and the motel is open year round. Can be sold with neighboring lot with 2 Unit Multi Family. Effectively two lots between Blaine and Sumner Ave on Central Ave.
Property Facts
| Price Per Room | $86,458 | Building Size | 6,824 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1950/2022 |
| Property Subtype | Hotel | Parking Ratio | 0.21/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.17 AC | ||
| Zoning | RB - motel | ||
| Price Per Room | $86,458 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,824 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2022 |
| Parking Ratio | 0.21/1,000 SF |
| Corridor | Exterior |
| Zoning | RB - motel |
Amenities
- Pool
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 24 | $78.00 | - |
Property Taxes
| Parcel Number | 27-00023-0000-00002 | Improvements Assessment | $811,600 |
| Land Assessment | $1,125,000 | Total Assessment | $1,936,600 |
Property Taxes
Parcel Number
27-00023-0000-00002
Land Assessment
$1,125,000
Improvements Assessment
$811,600
Total Assessment
$1,936,600
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