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Sea Gem Motel and Apartments | 55 DuPont Ave 18
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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)
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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 | Building Size | 6,480 SF |
Price Per Room | £83,903 | No. Rooms | 18 |
Sale Type | Investment | Number of Floors | 3 |
Property Type | Hospitality | Year Built | 1960 |
Property Subtype | Hotel | Parking Ratio | 1.08/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 0.22 AC |
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)
PROPERTY TAXES
Parcel Number | 27-00001-0000-00049 | Improvements Assessment | £255,289 |
Land Assessment | £384,921 | Total Assessment | £640,210 |
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 |
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Sea Gem Motel and Apartments | 55 DuPont Ave 18
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