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Super 8 by Wyndham Atlantic City 175-181 S Tennessee Ave 68 Room Hotel Atlantic City, NJ 08401 $4,812,230 CAD ($70,768 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • Strategic Location: Proximity to Atlantic City's attractions enhances guest traffic and occupancy.
  • Efficient Operation: Economy classification enables high RevPAR and low operational costs.
  • Brand Affiliation: Part of Wyndham Hotels & Resorts, benefiting from global brand recognition.

EXECUTIVE SUMMARY

The offering memorandum highlights the sale of fee simple and lease hold interest in the Super 8 by Wyndham Atlantic City, a 71-key economy hotel located at 175 S. Tennessee Avenue, steps away from the beach and boardwalk. Affiliated with Wyndham Hotels & Resorts, this property capitalizes on Atlantic City's tourist appeal, offering a strategic investment opportunity with robust market performance indicators.
SIGN NDA: https://na4.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=05aa164a-9439-4aea-a7c8-0b263b585422&env=na4&acct=9471c1b7-fe53-4a96-b95d-08824ce97ab0&v=2

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Price $4,812,230 CAD
Price Per Room $70,768 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.46 AC
Building Size 37,852 SF
No. Rooms 68
No. Stories 4
Year Built/Renovated 1963/2001
Parking Ratio 0.54/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning RS-C - Resort Commercial

AMENITIES

  • Balcony
  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $167.98 CAD -
Guest Room 66 $147.33 CAD -
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-00054-0000-00021
  • 02-00054-0000-00036
  • 02-00054-0000-00023
  • 02-00054-0000-00022
  • 02-00054-0000-00035
  • 02-00054-0000-00037
  • 02-00054-0000-00038
  • 02-00054-0000-00039
Land Assessment
$1,683,495 CAD
Improvements Assessment
$2,250,533 CAD
Total Assessment
$3,934,028 CAD
  • Listing ID: 31320038

  • Date on Market: 2024-03-25

  • Last Updated:

  • Address: 175-181 S Tennessee Ave, Atlantic City, NJ 08401

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