Motel for Sale in Atlantic County, NJ.

Not Disclosed, NJ
Atlantic County

Atlantic County, NJ.


Asking Price: Annual Revenue:
$2,400,000 $528,000

Services: Hotel, Motel, Lodging


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RE: Motel for Sale in Atlantic County, NJ. Broker: Eleanor Murray
Owner Financing is Available!
$1,900,000 @ 5%. $500,000 down!

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $528,000
Net Profit: Not Disclosed
Cash Flow: $414,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,700,000
Year Established: 1975
Employees: Not Disclosed
BBN Listing #: 350817398
Broker Reference #: 1355

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Business Overview:

Property includes: 14 Efficiency motel Rooms, 12 Apartment Units, Restaurant + 6 Building lots,
6 Lots + Hotel + Restaurant
12 Apartments $402.50 per week include taxes
14 Efficiencies $265 per week.
On major highway in Somers Point, NJ. area. Fully furnished.
Seller financing with $500,000 down.

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Property Features and Assets:

14 Efficiency motel Rooms, 12 Apartment Units, Restaurant + 6 Building lots. Fully furnished!

Reason for Selling:

Illness

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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