Seller's Contact Information
- RE: Motel For Sale In Somers Point, NJ!
- Contact: Eleanor Murray
Quick Facts
Asking Price: | $2,400,000 | |
Annual Revenue: | $528,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $409,500 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1971 | |
Employees: | Not Disclosed | |
BBN Listing #: | 568417398 | |
Broker Reference #: | 1461 |
Business Overview:
Property includes: 14 Efficiency motel Rooms, 10 Apartment Units, Restaurant 6 lots. 2 additional potential apartments.
10 Apartments $402.50- $450 per week incl. taxes
14 Efficiencies $265 per week.
On major highway in Somers Point, NJ. Area. Fully furnished. Seller wants to sell in 'As Is' condition. Seller financing with $700,000 down!
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Property Features and Assets:
14 Efficiency motel Rooms, 10 Apartment Units, Restaurant 6 lots. 2 additional potential apartments.
Reason for Selling:
Illness
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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