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Driftwood Motel 1414 Ocean Ave

24 Room Hotel Point Pleasant Beach, NJ 08742 £7,824,500 (£326,021/Room)

Executive Summary

Ocean Front Property with access to the beach. Lot is 500 feet deep. Additional apartment suites available.

Property Facts

Price £7,824,500 Building Size 18,256 SF
Price Per Room £326,021 No. Rooms 24
Sale Type Investment Number of Floors 2
Property Type Hospitality Year Built 1980
Property Subtype Hotel Parking Ratio 0.33/1,000 SF
Building Class C Corridor Exterior
Lot Size 0.57 AC
Price £7,824,500
Price Per Room £326,021
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.57 AC
Building Size 18,256 SF
No. Rooms 24
Number of Floors 2
Year Built 1980
Parking Ratio 0.33/1,000 SF
Corridor Exterior

Amenities

  • Pool
  • High Speed Internet Access
  • Beach (direct access)

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 £333.32 -
Guest Room 20 £212.83 -
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 26-00017-01-00005
  • 26-00017-01-00006
 Improvements Assessment £704,205
Land Assessment £1,647,840 Total Assessment £2,352,045

PROPERTY TAXES

Parcel Numbers
Multiple
  • 26-00017-01-00005
  • 26-00017-01-00006
Land Assessment
£1,647,840
Improvements Assessment
£704,205
Total Assessment
£2,352,045

zoning

Zoning Code SF5 (Commercial)
SF5 (Commercial)
(732) 232-4724

Contact

  • Listing ID: 34162681

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 1414 Ocean Ave, Point Pleasant Beach, NJ 08742

The Hospitality Property at 1414 Ocean Ave, Point Pleasant Beach, NJ 08742 is currently available for sale. Contact Keller/Williams Ocean Living 1513 Richmond Ave for more information.

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© 2024 CoStar Group

Driftwood Motel | 1414 Ocean Ave
(732) 232-4724 x

Driftwood Motel | 1414 Ocean Ave

Bradford Sine

(732) 232-4724

(732) 232-4724

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