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Super Lodge 633 White Horse Pike

36 Room Hotel Absecon, NJ 08201 $2,700,000 ($75,000/Room)

Investment Highlights

  • The Most Beautiful Property on Strip. Beautified with a great waterfall pond in front of the property. Owner is retiring
  • Three floor living in a huge owners apartment. Makes a ideal choice for huge family and storage purpose. Owner apartment consist of 7 BD-RMS and more.
  • Traffic light location, with the best visibility. North East Facing Property.
  • Building was constructed very strong, with a Huge rooms. Lots of Opportunity because property is great for investors, developers.
  • Being New Jersey Transit at the steps of the property, invites many travellers from distant travellers.
  • Hard to find this kind of property, which includes the best location, best looking, strong Building with a tons of oppurtunity.

Executive Summary

Zonning is HC- The Permitted uses are * Retail stores and Service Establishments* Fully enclosed restaurants and drinking establishments* General Business & Professional offices* Banks* Gasoline Service Stations adn Auto Repair Garages* Golf and Tennis recreational uses* Places containing Games* Conditional uses* Drive in Restaurants* Hotels. For more detailed information on zoning contact City of Absecon.
* Inquire only if you are a serious cash buyer with a proof of funds.
* Huge Owners Apartment. Four room on Third Floor and a full Bath. The second floor consist of Living room, Full Kitchen, Dining room, Master Bedroom with walk in closet and a half Bath. The Ground floor consist of Two Big roome, one office room and a Full Bath.
Excellent Cap Rate and Price to the comparative property in the same market and location. Property located in Business district, Surrounded by banks, restaurant, stores and more. NJ Transit Bus Terminal at the foot step of Hotel, makes it a convenient destination for many traveller from New York, Pennsylvania and other destination.
Opportunity to this property is hard to pass it on, which is hard to come ny.

Property Facts

Price $2,700,000
Price Per Room $75,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.22 AC
Building Size 16,558 SF
No. Rooms 36
No. Stories 2
Year Built 1989
Parking Ratio 2.42/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 36 $52.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-00189-0000-00005
Land Assessment
$720,000
Improvements Assessment
$270,000
Total Assessment
$990,000

zoning

Zoning Code HC (Zonning is HC- Highway Commercial. For detialed information contact City of Absecon)
HC (Zonning is HC- Highway Commercial. For detialed information contact City of Absecon)
  • Listing ID: 33461425

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 633 White Horse Pike, Absecon, NJ 08201

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