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Yankee Clipper Motel 6101 Atlantic Ave 56 Room Hotel Wildwood Crest, NJ 08260 $9,649,362 CAD ($172,310 CAD/Room)
EXECUTIVE SUMMARY
Yankee Clipper Motel which consists of 48 units plus 7 additional interior units & Owners Quarters, Pool, Office, Mini Golf Course, Located in Wildwood Crest. Some Units consist of 22- two room efficiencies, 19- two room suites, plus 8 motel rooms some w/ kitchens. The 7 Interior units are by the front office. It is only a 2-minute walk from Wildwood Crest Beach. Off street parking for approximately 50 cars. Motel amenities include outdoor swimming pool, free private parking, and barbecue facilities. Recent upgrades are flooring and bathroom sinks. Certain rooms at the property include a balcony with a sea view. 72 hr. notice for all showings. Appointment necessary....
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $9,649,362 CAD | Building Size | 40,000 SF |
| Price Per Room | $172,310 CAD | No. Rooms | 56 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2022 |
| Property Subtype | Hotel | Parking Ratio | 0.86/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.02 AC |
| Price | $9,649,362 CAD |
| Price Per Room | $172,310 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 40,000 SF |
| No. Rooms | 56 |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2022 |
| Parking Ratio | 0.86/1,000 SF |
| Corridor | Exterior |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Beach (direct access)
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $336.35 CAD | - |
| Guest Room | 47 | $267.43 CAD | - |
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Bike Score®
Very Bikeable (89)
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Yankee Clipper Motel | 6101 Atlantic Ave
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