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Sea Breeze Motel 7080 Black Horse Pike 48 Room Hotel Pleasantville, NJ 08232 $2,492,838 CAD ($51,934 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • Business with property
  • Conveniently located off US-Route 40
  • Well maintained
  • Easy access to Atlantic City

EXECUTIVE SUMMARY

Business with Property
An exceptional opportunity to acquire the 48-unit New Sea Breeze Motel in West Atlantic City, NJ. This fee simple property sits on a .71-acre lot (217' x 136') and includes an adjacent .6-acre lot (154' x 139') in the sale. The motel features two floors of well-maintained guest rooms, each equipped with free Wi-Fi, a private bathroom, microwave, refrigerator, flat-screen TV, and kitchenette.
Ideally located off US-Route 40, the Sea Breeze Motel offers easy access to Atlantic City’s top attractions. Just 4.5 miles from the Boardwalk, casinos, Tanger Outlets, beach, Convention Hall, and entertainment, and less than 8 miles from Atlantic City International Airport, which serves up to 3 million travelers annually.

PROPERTY FACTS

Price $2,492,838 CAD
Price Per Room $51,934 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.71 AC
Building Size 10,000 SF
No. Rooms 48
No. Stories 2
Year Built 1990
Parking Ratio 3.2/1,000 SF
Corridor Exterior
Zoning R-50 - Residential zoning district

AMENITIES

  • Public Access Wifi
  • Fiber Optic Internet
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 48 $91.40 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-04301-0000-00003
Land Assessment
$232,665 CAD
Improvements Assessment
$613,515 CAD
Total Assessment
$846,180 CAD
  • Listing ID: 33719208

  • Date on Market: 2024-11-01

  • Last Updated:

  • Address: 7080 Black Horse Pike, Pleasantville, NJ 08232

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