200 Keys - Ready for New Flag or Senior Living Conversion

Absecon, NJ

$4,400,000

Price

100,000 sqft

Building Size

5 acres

Lot Area

Overview
Building Size
100,000 sqft
Lot Area
5 acres
Keys
200
Average Room Size
365 sqft
Year Built
1985
Floors
6
Investment Strategy
Value Add
Description

Strategic, value add hotel property. Very desirable prime location with high visibility along busy route 30, the motorist passageway to/from Atlantic City. Solid concrete construction, interior corridor, 200 rooms, 4 suites, modern updated lobby, exterior in ground pool. Superior condition, well maintained. 5+ acre lot with potential for out parcels along frontage.

Highlights
  • Major Highway Frontage
  • 6 minutes from downtown Atlantic City
  • Views of Absecon Bay and Atlantic City
  • 200 rooms
  • 365 sq ft avg room size
  • 5+ acres....potential for out parcels
  • Owner secured rights to Best Western Plus Brand
Documents
Title
Offering Memorandum
Location
Location is approximate, please request information.