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Super Lodge 633 White Horse Pike 36 Room Hotel Absecon, NJ 08201 $2,759,863 CAD ($76,663 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • Great property for contractors and investor, being a traffic light location and surrounded by all different kind of business. Bring your vision.
  • Three floors living in a huge owner’s apartment. Owner apartment consists of 10+RMS & more. Make this a best deal for owner operator.
  • Traffic light location, with the best visibility. North East Facing Property. The beautifull water pond beautify this property in a amazing way.
  • Priced well below replacement COST. Priced well below at about, 1M Dollar, in a replacement cost. The best development or hospitality deal in NJ.
  • Four rooms on Third floor can be added for extra income or to expand.
  • Owner Retiring.Hard to find this kind of property, which includes the best location, best looking, strong Building with a tons of opportunity.

EXECUTIVE SUMMARY

Zoning is HC- The Permitted uses are * Retail stores and Service Establishments* Fully enclosed restaurants and drinking establishments* General Business & Professional offices* Banks* Gasoline Service Stations and Auto Repair Garages* Golf and Tennis recreational uses* Places containing Games* Conditional uses* Drive in Restaurants* Hotels. For more detailed information on zoning contact City of Absecon.
* Priced well below replacement COST.
* Inquire only if you are a serious buyer, with a proof of funds.
* Huge Owners Apartment. Four rooms on Third Floor and a full Bath. The second floor consist of Living room, Full Kitchen, Dining room, Master Bedroom with walk in closet and a half Bath. The Ground floor consist of Two Big rooms, one office room and a Full Bath.
Excellent Cap Rate. Property located in Business district, Surrounded by banks, restaurant, stores and more. NJ Transit Bus Terminal at the foot step of Hotel, makes it a convenient destination for many traveller from New York, Pennsylvania and other destination.
Opportunity to this property is hard to pass it on, which is hard to come ny.

PROPERTY FACTS

Price $2,759,863 CAD
Price Per Room $76,663 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.22 AC
Building Size 16,558 SF
No. Rooms 36
No. Stories 2
Year Built 1989
Parking Ratio 2.42/1,000 SF
Corridor Exterior
Zoning HC - Zonning is HC- Highway Commercial. For detialed information contact City of Absecon

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 36 $71.94 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-00189-0000-00005
Land Assessment
$1,014,559 CAD
Improvements Assessment
$380,460 CAD
Total Assessment
$1,395,019 CAD
  • Listing ID: 33461425

  • Date on Market: 2024-10-09

  • Last Updated:

  • Address: 633 White Horse Pike, Absecon, NJ 08201

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