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Isle of Palms Motel 3200 Atlantic Ave 54 Room Hotel Wildwood, NJ 08260 $9,553,050 CAD ($176,908 CAD/Room)



EXECUTIVE SUMMARY
Isle of Palms Motel- 54 units which consists of 24 two room efficiencies & 30 two room suites) & includes an owner's quarters, located one blockfrom Wildwood's Beach, Boardwalk, Amusement Piers and Waterparks. Boardwalk, Waterparks and all amusements are all within walkingdistance of the hotel. Amenities include a Fitness Room, Sauna, Game Room, Elevator, Free Guest Laundry, Large Elevated Heated Pool,Jacuzzi and Kiddie Pool make the Isle of Palms one of Wildwood's premiere family resorts! Appointment necessary
PROPERTY FACTS
| Price | $9,553,050 CAD | Building Size | 37,659 SF |
| Price Per Room | $176,908 CAD | No. Rooms | 54 |
| Sale Type | Investment | No. Stories | 5 |
| Property Type | Hospitality | Year Built/Renovated | 1969/2011 |
| Property Subtype | Hotel | Parking Ratio | 0.66/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.51 AC | Opportunity Zone |
Yes
|
| Zoning | TE | ||
| Price | $9,553,050 CAD |
| Price Per Room | $176,908 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 37,659 SF |
| No. Rooms | 54 |
| No. Stories | 5 |
| Year Built/Renovated | 1969/2011 |
| Parking Ratio | 0.66/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | TE |
AMENITIES
- Balcony
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 54 | $179.99 CAD | - |
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 14-00201-0000-00002 | Improvements Assessment | $2,797,518 CAD |
| Land Assessment | $1,592,646 CAD | Total Assessment | $4,390,165 CAD |
PROPERTY TAXES
Parcel Number
14-00201-0000-00002
Land Assessment
$1,592,646 CAD
Improvements Assessment
$2,797,518 CAD
Total Assessment
$4,390,165 CAD
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Isle of Palms Motel | 3200 Atlantic Ave
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