Super 8 by Wyndham Atlantic City | 175-181 S Tennessee Ave
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Super 8 by Wyndham Atlantic City 175-181 S Tennessee Ave
68 Room Hotel Atlantic City, NJ 08401 £2,757,555 (£40,552/Room)
Investment Highlights
- Strategic Location: Proximity to Atlantic City's attractions enhances guest traffic and occupancy.
- Efficient Operation: Economy classification enables high RevPAR and low operational costs.
- Brand Affiliation: Part of Wyndham Hotels & Resorts, benefiting from global brand recognition.
Executive Summary
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.
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Property Facts
Price | £2,757,555 | Building Size | 37,852 SF |
Price Per Room | £40,552 | No. Rooms | 68 |
Sale Type | Investment | Number of Floors | 4 |
Property Type | Hospitality | Year Built/Renovated | 1963/2001 |
Property Subtype | Hotel | Parking Ratio | 3/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 0.46 AC | Opportunity Zone |
Yes
|
Price | £2,757,555 |
Price Per Room | £40,552 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.46 AC |
Building Size | 37,852 SF |
No. Rooms | 68 |
Number of Floors | 4 |
Year Built/Renovated | 1963/2001 |
Parking Ratio | 3/1,000 SF |
Corridor | Exterior |
Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 2 | £64.70 | - |
Guest Room | 66 | £44.97 | - |
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Walk Score ®
Very Walkable (78)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £1,259,796 | |
Land Assessment | £942,382 | Total Assessment | £2,202,178 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£942,382
Improvements Assessment
£1,259,796
Total Assessment
£2,202,178
zoning
Zoning Code | RS-C |
RS-C |
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Super 8 by Wyndham Atlantic City | 175-181 S Tennessee Ave
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