Log In/Sign Up
Your email has been sent.
Sunburst Motel II 53 Hancock Ave 15 Room Hotel Seaside Heights, NJ 08751 $4,113,686 CAD ($274,246 CAD/Room)
Investment Highlights
- Located just steps from the Seaside Heights Beach and Boardwalk.
- Recently updated with high-speed wireless connectivity.
- Property includes 15 units with flexible configurations for rentals or management use.
- Significant repositioning upside through condo conversion or hospitality branding.
Executive Summary
Ideal for Condo Conversion! Prime property for undercutting the current condo market here in Seaside Heights. 1/2 block to the Beach and Boardwalk and less then 2 blocks to Casino Pier/ Waterpark and the main attractions. This property could be potentially converted from its status as a Motel to a 14 Unit Condo Complex or run as separate Air B N B rentals. The property has 15 total units with 14 which are 1 bedroom studio apartments. Downstairs 1 unit currently being used as a King Room could always be used as an onsite managers apartment/ office. The common deck area contains 2 grills and patio furniture. Also the property was recently updated with top of the line High Speed Wireless Internet throughout.
Property Facts
| Price | $4,113,686 CAD | Building Size | 4,515 SF |
| Price Per Room | $274,246 CAD | No. Rooms | 15 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1984 |
| Property Subtype | Hotel | Parking Ratio | 0.93/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.14 AC | ||
| Zoning | R | ||
| Price | $4,113,686 CAD |
| Price Per Room | $274,246 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,515 SF |
| No. Rooms | 15 |
| No. Stories | 3 |
| Year Built | 1984 |
| Parking Ratio | 0.93/1,000 SF |
| Corridor | Exterior |
| Zoning | R |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $294.23 CAD | - |
| Guest Room | 11 | $266.34 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 27-00040-0000-00060 | Improvements Assessment | $608,614 CAD |
| Land Assessment | $1,420,238 CAD | Total Assessment | $2,028,852 CAD |
Property Taxes
Parcel Number
27-00040-0000-00060
Land Assessment
$1,420,238 CAD
Improvements Assessment
$608,614 CAD
Total Assessment
$2,028,852 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Sunburst Motel
Sunburst Motel II | 53 Hancock Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.