Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Sea Breeze Motel 7080 Black Horse Pike 48 Room Hotel Pleasantville, NJ 08232 $1,800,000 ($37,500/Room)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Business with property
  • Conveniently located off US-Route 40
  • Well maintained
  • Easy access to Atlantic City

EXECUTIVE SUMMARY

$$$ BusinesswithProperty $$$
An outstanding opportunity to acquire the 48-unit New Sea Breeze Motel in West Atlantic City, NJ. This fee-simple property sits on a .71-acre lot (217' x 136') and includes an additional .6-acre lot (154' x 139') as part of the sale. The motel offers two floors of well-maintained guest rooms, each featuring free Wi-Fi, a private bathroom, microwave, refrigerator, flat-screen TV, and kitchenette.
Ideally situated off US-Route 40, the New Sea Breeze Motel provides convenient access to Atlantic City’s top attractions. Located just 4.5 miles from the Boardwalk, casinos, Tanger Outlets, beaches, Convention Hall, and entertainment venues, and less than 8 miles from Atlantic City International Airport, which welcomes up to 3 million travelers annually.

PROPERTY FACTS

Price $1,800,000
Price Per Room $37,500
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.71 AC
Building Size 10,000 SF
No. Rooms 48
No. Stories 2
Year Built 1990
Parking Ratio 3.2/1,000 SF
Corridor Exterior
Zoning R-50 - Residential zoning district

AMENITIES

  • Public Access Wifi
  • Fiber Optic Internet
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 48 $66.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-04301-0000-00003
Land Assessment
$168,000
Improvements Assessment
$443,000
Total Assessment
$611,000
  • Listing ID: 33719208

  • Date on Market: 11/1/2024

  • Last Updated:

  • Address: 7080 Black Horse Pike, Pleasantville, NJ 08232

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}