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AA Heart Of Wildwood 3915 Ocean Ave

41 Room Hotel Wildwood, NJ 08260 £12,243,575 (£298,624/Room)

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Executive Summary

Price for all properties and Total of 99 Units is $15,498,000.00
All information listed under 'Property" reflects main building only.
For individual break down of each building see attached memorandum
Please contact Fred to purchase any of the properties separately.
3915 Main Building, 3901-3916 Ocean Ave, 3910-3916 Ocean Ave (2) Buildings, 7 stores & private residency) $10,499,000.00
4002 Ocean Ave & 304-09 East Spencer $4,999,000.00 (2 Buildings) $4,999,000.00

"Heart of Wildwood" multiple property breakdown

Property Facts

Price	£12,243,575	Building Size	30,536 SF
Price Per Room	£298,624	No. Rooms	41
Sale Type	Investment	Number of Floors	3
Property Type	Hospitality	Year Built/Renovated	1951/1987
Property Subtype	Hotel	Parking Ratio	1.64/1,000 SF
Building Class	B	Corridor	Exterior
Lot Size	0.64 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£12,243,575
Price Per Room	£298,624
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	0.64 AC
Building Size	30,536 SF
No. Rooms	41
Number of Floors	3
Year Built/Renovated	1951/1987
Parking Ratio	1.64/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Balcony
Pool
On-Site Retail

High Speed Internet Access
Patio
Beach (direct access)

Public Access Wi-Fi
Smoke-Free

Fully-Equipped Kitchen
Multi-Room Suites

Room Mix Information

Description	No. Rooms	Daily Rate	SF
Suite	2	£193.55	-
Guest Room	39	£134.30	-

1 of 1

Walk Score ®

Very Walkable (75)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 14-00149-0000-00001 14-00149-0000-00002-02 14-00138-0000-00016 14-00149-0000-00006	Improvements Assessment	£3,916,711
Land Assessment	£2,436,391	Total Assessment	£6,353,102