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Sea Gem Motel and Apartments 55 DuPont Ave 18

18 Room Hotel Seaside Heights, NJ 08751 £1,510,259 (£83,903/Room)

EXECUTIVE SUMMARY

Ocean Block 18 Unit Motel. Has beautiful pool, off street parking & in good shape. Has opportunity to include 6 Large Apartments adjoining the property to create an amazing rental compound or build at least 15 New Condos. Priced to move w unlimited income potential due the great location & layout. This Ocean Block property is a rare opportunity as single families on the same block are selling for over $900K. Walk to everything as you would be steps from the Seaside Beaches ranked one of the Top Ten in New Jersey. Also walk to the boardwalk, rides, amusements & shopping., 1 Block to the amazing New Beach club including a huge pool & private cabanas. Conveniently located off Pky Exit 82, 1 Hr from NYC, AC & Philly. Perfect for a 1031 & ready to earn. Qualified Buyers only Please.

PROPERTY FACTS

Price £1,510,259
Price Per Room £83,903
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.22 AC
Building Size 6,480 SF
No. Rooms 18
Number of Floors 3
Year Built 1960
Parking Ratio 1.08/1,000 SF
Corridor Exterior

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 4 £265.63 -
Guest Room 14 £122.47 -
Walk Score®
Very Walkable (77)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-00001-0000-00049
Land Assessment
£384,921
Improvements Assessment
£255,289
Total Assessment
£640,210

ZONING

Zoning Code R
R
  • Listing ID: 29995166

  • Date on Market: 08/11/2023

  • Last Updated:

  • Address: 55 DuPont Ave 18, Seaside Heights, NJ 08751

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