Sunburst Motel I & II 2 Hospitality Properties Offered at $5,500,000 in Seaside Heights, NJ

Sunburst Motels are both for sale with a package price of $5,500,000. They can be bought together or separate. Sunburst 1 contains a variety of 21 units plus a 2 bedroom owners/managers quarters. There is also a heated pool tucked back behind the building. Sunburst 2 contains 14 units with kitchens and living rooms & could possibly be converted into condos/apartments. Perfect investment for a 1031 exchange. We are open year round and our property is turn key. For many years now we are still rated #1 on Trip Advisor and we are the original owners since 1984. Please call to schedule a showing or for further information.
Ideal for Condo Conversion! Prime property for undercutting the current condo market here in Seaside Heights. 1/2 block to the Beach and Boardwalk and less then 2 blocks to Casino Pier/ Waterpark and the main attractions. This property could be potentially converted from its status as a Motel to a 14 Unit Condo Complex or run as separate Air B N B rentals. The property has 15 total units with 14 which are 1 bedroom studio apartments. Downstairs 1 unit currently being used as a King Room could always be used as an onsite managers apartment/ office. The common deck area contains 2 grills and patio furniture. Also the property was recently updated with top of the line High Speed Wireless Internet throughout.