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Rio Motel and Suites 4906 Ocean Ave 11 Room Hotel Wildwood, NJ 08260 $1,798,543 CAD ($163,504 CAD/Room)

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Property Facts

Price	$1,798,543 CAD	Building Size	2,668 SF
Price Per Room	$163,504 CAD	No. Rooms	11
Sale Type	Investment	No. Stories	2
Sale Condition	Business Value Included	Year Built	1940
Property Type	Hospitality	Parking Ratio	3/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.09 AC
Zoning	HM

Price	$1,798,543 CAD
Price Per Room	$163,504 CAD
Sale Type	Investment
Sale Condition	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.09 AC
Building Size	2,668 SF
No. Rooms	11
No. Stories	2
Year Built	1940
Parking Ratio	3/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	HM

High Speed Internet Access
Patio

Public Access Wifi

Smoke-Free

Fully-Equipped Kitchen

About 4906 OCEAN AVE , WILDWOOD, NJ 08260

Turnkey Beachside Boutique Motel- Steps to the Wildwood Boardwalk, Convention Center & the Beach! Welcome to the "Rio Motel", acharming, beautifully maintained two-story boutique property perfectly perched near the Beach. The property features 7 fully furnished,apartment style & guest suites. Property consists of 2-2 bedroom apartment units & 5- 1 Room Suites with kitchenettes. Guests can soak up the ocean breezes and watch from the shared upper balcony. First floor unit has a private balcony. There is dedicated on-site parking. This property is near the annual country festival concert. Turnkey & steps to the sand. Schedule your showing today & must have a 48 hour appointment..