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Super Lodge 633 White Horse Pike 36 Room Hotel Absecon, NJ 08201 $1,890,000 ($52,500/Room)
Investment Highlights
- Great property for contractors and investor, being a traffic light location and surrounded by all different kind of business. Bring your vision.
- Three floors living in a huge owner’s apartment. Owner apartment consists of 10+RMS & more. Make this a best deal for owner operator.
- Traffic light location, with the best visibility. North East Facing Property. The beautifull water pond beautify this property in a amazing way.
- Priced well below replacement COST. Priced well below at about, 1M Dollar, in a replacement cost. The best development or hospitality deal in NJ.
- Four rooms on Third floor can be added for extra income or to expand. Excellent Cap Rate. Call 609 457 5572 to discuss further.
- Owner Retiring.Hard to find this kind of property, which includes the best location, best looking, strong Building with a tons of opportunity.
Executive Summary
Zoning is HC- The Permitted uses are * Retail stores and Service Establishments* Fully enclosed restaurants and drinking establishments* General Business & Professional offices* Banks* Gasoline Service Stations and Auto Repair Garages* Golf and Tennis recreational uses* Places containing Games* Conditional uses* Drive in Restaurants* Hotels. For more detailed information on zoning contact City of Absecon.
* Great Property for BUILDER/DEVELOPERS.
* Priced well below replacement COST. An Excellent Cap Rate. Give a call at 609 457 5572, to discuss further
* Inquire only if you are a serious buyer, with a proof of funds. Based on location, this property is a winner in this market segment.
* Huge Owners Apartment. Four rooms on Third Floor and a full Bath. The second floor consist of Living room, Full Kitchen, Dining room, Master Bedroom with walk in closet and a half Bath. The Ground floor consist of Two Big rooms, one office room and a Full Bath.
Property located in Business district, Surrounded by banks, restaurant, stores and more. NJ Transit Bus Terminal at the foot step of Hotel, makes it a convenient destination for many traveller from New York, Pennsylvania and other destination.
* Great Property for BUILDER/DEVELOPERS.
* Priced well below replacement COST. An Excellent Cap Rate. Give a call at 609 457 5572, to discuss further
* Inquire only if you are a serious buyer, with a proof of funds. Based on location, this property is a winner in this market segment.
* Huge Owners Apartment. Four rooms on Third Floor and a full Bath. The second floor consist of Living room, Full Kitchen, Dining room, Master Bedroom with walk in closet and a half Bath. The Ground floor consist of Two Big rooms, one office room and a Full Bath.
Property located in Business district, Surrounded by banks, restaurant, stores and more. NJ Transit Bus Terminal at the foot step of Hotel, makes it a convenient destination for many traveller from New York, Pennsylvania and other destination.
Property Facts
| Price | $1,890,000 | Building Size | 16,558 SF |
| Price Per Room | $52,500 | No. Rooms | 36 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1989 |
| Property Subtype | Hotel | Parking Ratio | 2.42/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.22 AC | ||
| Zoning | HC - Zoning is HC- The Permitted uses are * Retail stores, Service Establishments, restaurants/ drinking establishment. Contact CITY OF ABSECON FOR DETAILS | ||
| Price | $1,890,000 |
| Price Per Room | $52,500 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 16,558 SF |
| No. Rooms | 36 |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.42/1,000 SF |
| Corridor | Exterior |
| Zoning | HC - Zoning is HC- The Permitted uses are * Retail stores, Service Establishments, restaurants/ drinking establishment. Contact CITY OF ABSECON FOR DETAILS |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 36 | $52.00 | - |
Property Taxes
| Parcel Number | 01-00189-0000-00005 | Improvements Assessment | $270,000 |
| Land Assessment | $720,000 | Total Assessment | $990,000 |
Property Taxes
Parcel Number
01-00189-0000-00005
Land Assessment
$720,000
Improvements Assessment
$270,000
Total Assessment
$990,000
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Super Lodge Inc
Super Lodge | 633 White Horse Pike
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