Super 8 by Wyndham Atlantic City

175 South Tennessee Avenue, Atlantic City, NJ

$3,495,000

Price

37,852 sqft

Building Size

0.34 acres

Lot Area

Overview
Building Size
37,852 sqft
Lot Area
0.34 acres
Keys
71
Floors
4
Description

The offering memorandum highlights the sale of fee simple and lease hold interest in the Super 8 by Wyndham Atlantic City, a 71-key economy hotel located at 175 S. Tennessee Avenue, steps away from the beach and boardwalk. Affiliated with Wyndham Hotels & Resorts, this property capitalizes on Atlantic City’s tourist appeal, offering a strategic investment opportunity with robust market performance indicators.

The Super 8 by Wyndham Atlantic City, located at 175 S Tennessee Ave, is an economy franchise hotel with 71 rooms across 4 stories, totaling 37,852 square feet of gross building area. Built in 1963 with wood frame construction, it features a 0.34-acre lot, exterior primary corridors, and surface parking with 45 spaces. The hotel boasts a strong location, noted for its "Very Walkable" score of 79 and "Good Transit" score of 54, indicating easy access to local attractions and transportation options. This property is positioned in the Atlantic City submarket, known for its tourism-driven economy, making it an attractive option for investors seeking opportunities in the hospitality sector.

Highlights
  • Strategic Location: Proximity to Atlantic City's attractions enhances guest traffic and occupancy.
  • Brand Affiliation: Part of Wyndham Hotels & Resorts, benefiting from global brand recognition.
  • Efficient Operation: Economy classification enables high RevPAR and low operational costs.
Documents
Title
Super_8_by_Wyndham_Atlantic_City_032524.pdf
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Location
Gallery