Seaside Sands Inn 61 Sumner Ave 22 Room Hotel Seaside Heights, NJ 08751 $4,500,000 ($204,545/Room)
INVESTMENT HIGHLIGHTS
- Beach Block
- Completely renovated with luxury modern updates
- Turn-Key, Income producing
- Located adjacent to the Economic Redevelopment zone
EXECUTIVE SUMMARY
Welcome to the SEASIDE SANDS INN, a Luxury Motel at the Jersey shore located at 61 Sumner Avenue, Seaside Heights, NJ. This stunning and fully renovated Motel is only a quick walk to the sand, surf, boardwalk, amusements, restaurants, and water park. It’s superb location in the heart of Seaside Heights is one of the first motels visitors will see as they come over the bridge into this resort town.
The property includes 2 buildings featuring 18 upscale modern rooms (11 with 2 queen size beds, 6 with 2 king size beds, 1 with a single queen), 2 Suites- (sleeps 10 each), 1 Grande Suite- (full apartment with 2 bedrooms, kitchen, living room, and dining room- sleeps 6), Studio Apartment (kitchen and sleeps 3), laundry area and a large vestibule/office featuring a professional check-in area and comfortable sitting area and off street parking.
This rare find Motel with luxury accommodations is an OPPORTUNITY for you to own a location on the beach block and adjacent to the Economic Redevelopment Zone. This is an income producing, turn-key, top choice motel with incredible reviews and is an amazing investment for the next entrepreneur.
Seaside Heights has been a destination location for families for years and is on the verge of a complete transformation and revitalization. Now is the time to get in front of this growth that is present all through town including the Cabana Beach and Pool Club, Carousel, Beach and Boardwalk Beautification, New Single Family homes, Condominiums and so much more! Take a ride and see for yourself.
The property includes 2 buildings featuring 18 upscale modern rooms (11 with 2 queen size beds, 6 with 2 king size beds, 1 with a single queen), 2 Suites- (sleeps 10 each), 1 Grande Suite- (full apartment with 2 bedrooms, kitchen, living room, and dining room- sleeps 6), Studio Apartment (kitchen and sleeps 3), laundry area and a large vestibule/office featuring a professional check-in area and comfortable sitting area and off street parking.
This rare find Motel with luxury accommodations is an OPPORTUNITY for you to own a location on the beach block and adjacent to the Economic Redevelopment Zone. This is an income producing, turn-key, top choice motel with incredible reviews and is an amazing investment for the next entrepreneur.
Seaside Heights has been a destination location for families for years and is on the verge of a complete transformation and revitalization. Now is the time to get in front of this growth that is present all through town including the Cabana Beach and Pool Club, Carousel, Beach and Boardwalk Beautification, New Single Family homes, Condominiums and so much more! Take a ride and see for yourself.
PROPERTY FACTS
| Price | $4,500,000 |
| Price Per Room | $204,545 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.36 AC |
| Building Size | 6,930 SF |
| No. Rooms | 22 |
| No. Stories | 3 |
| Year Built/Renovated | 1940/2013 |
| Parking Ratio | 2.89/1,000 SF |
| Corridor | Exterior |
| Zoning | RB |
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $348.00 | - |
| Guest Room | 18 | $227.00 | - |
1 of 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $685,000 | |
| Land Assessment | $1,163,500 | Total Assessment | $1,848,500 |
