RE/MAX at The Shore- Commercial
Phone: 609-425-8179
High occupancy rate motel close to Wildwoods,
- Listing Id: 9692
- Broker Name: David Green
- Category: Hotels and Motels
- Asking Price: $1,195,000.00
- EBITDA: $454,000.00
- Real Estate: $6,000,000.00
- Cash Flow: $500,000.00
- Inventory: $400,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $2,200,000.00
- FF&E: $1,000,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Rio Grande
- State: NJ
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
A high occupancy year round Motel in the center of Rio Grande's business district. 22 motel rooms plus a sizeable and modern 2 bedroom 1 bath owners residence with 2 car garage. Ample parking and immediate access to public transportation between Route 9 and the Garden State Parkway. Summer guests have the convenience of a swimming pool plus an inexpensive alternative to the Island Motels. Strong consistent income or assemble the adjacent properties for a 400x400 parcel . Zoned TC which also allows for Restaurants , Medical use, Shopping centers , Professional offices , Care facilities. P&L available with prequalification, NDA, and proof of deposit funds.
Financial Summary
N/A
Articles by David Green
View All Articles
No article added by David Green.
Contact David Green
News & Updates by David Green
No news/updates from David Green.
