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Super 8 by Wyndham Atlantic City 175-181 S Tennessee Ave

68 Room Hotel Atlantic City, NJ 08401 $3,495,000 ($51,397/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.
SIGN NDA: https://na4.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=05aa164a-9439-4aea-a7c8-0b263b585422&env=na4&acct=9471c1b7-fe53-4a96-b95d-08824ce97ab0&v=2

Data Room Click Here to Access

Property Facts

Price $3,495,000
Price Per Room $51,397
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
No. Stories 4
Year Built/Renovated 1963/2001
Parking Ratio 3/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $82.00 -
Guest Room 66 $57.00 -
Walk Score ®
Very Walkable (78)
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 Numbers
Multiple
  • 02-00054-0000-00036
  • 02-00054-0000-00021
  • 02-00054-0000-00023
  • 02-00054-0000-00035
  • 02-00054-0000-00037
  • 02-00054-0000-00022
  • 02-00054-0000-00038
  • 02-00054-0000-00039
Land Assessment
$1,194,400
Improvements Assessment
$1,596,700
Total Assessment
$2,791,100

zoning

Zoning Code RS-C
RS-C
  • Listing ID: 31320038

  • Date on Market: 3/25/2024

  • Last Updated:

  • Address: 175-181 S Tennessee Ave, Atlantic City, NJ 08401

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