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New Jersey Hospitality Portfolio Auction 4 Hospitality Properties Offered at $999,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- 4 Motels Go To Auction Sat. December 6th From 10:am- 4:pm Market Opportunity
EXECUTIVE SUMMARY
Market Opportunity Acquire One or All 4 Motels Go To Auction December 6 - 10:am to 4:pm
4 Motels Go To Auction Sat. December 6th From 10:am- 4:pm?? Market Opportunity Buy One Buy All
Investment Type: Hospitality / Redevelopment / Mixed-Use / Extended Stay
Starting Bid $999,000 per property
AUCTIONS WILL TAKE PLACE ON-SITE AT EACH PROPERT Market
This is a strategic opportunity to establish a dominant presence in the Atlantic County hospitality market—acquire one or all 4 properties and be fully operational before peak summer demand. Position yourself to capitalize on the resurgence of tourism and transitional housing demand in the Atlantic City region. With this portfolio, you can control key corridor assets in one transaction.
All information is deemed reliable but not guaranteed and should be independently verified.
www.AcAuctions.net
4 Motels Go To Auction Sat. December 6th From 10:am- 4:pm?? Market Opportunity Buy One Buy All
Investment Type: Hospitality / Redevelopment / Mixed-Use / Extended Stay
Starting Bid $999,000 per property
AUCTIONS WILL TAKE PLACE ON-SITE AT EACH PROPERT Market
This is a strategic opportunity to establish a dominant presence in the Atlantic County hospitality market—acquire one or all 4 properties and be fully operational before peak summer demand. Position yourself to capitalize on the resurgence of tourism and transitional housing demand in the Atlantic City region. With this portfolio, you can control key corridor assets in one transaction.
All information is deemed reliable but not guaranteed and should be independently verified.
www.AcAuctions.net
PROPERTY FACTS
| Price | $999,000 | Status | Active |
| Price / SF | $18.85 / SF | Number of Properties | 4 |
| Sale Condition | Distress Sale | Individually For Sale | 4 |
| Cap Rate | 15.00% | Total Building Size | 52,989 SF |
| Sale Type | Investment | Total Land Area | 7.40 AC |
| Price | $999,000 |
| Price / SF | $18.85 / SF |
| Sale Condition | Distress Sale |
| Cap Rate | 15.00% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 4 |
| Total Building Size | 52,989 SF |
| Total Land Area | 7.40 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Casino Inn
545 E Absecon Blvd, Absecon, NJ 08201 |
Hospitality | 20,048 SF | 1980 | $999,000 |
|
Executive Lodge Absecon
300 E Absecon Blvd, Absecon, NJ 08201 |
Hospitality | 12,650 SF | 1982 | $999,000 |
|
Relax Inn
739 S 2nd Ave, Galloway, NJ 08205 |
Hospitality | 12,166 SF | 1920 | $999,000 |
|
Economy Motel
200 E White Horse Pike, Galloway, NJ 08205 |
Hospitality | 8,125 SF | 1986 | $999,000 |
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New Jersey Hospitality Portfolio Auction
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