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Ramada West Atlantic City 8037 Black Horse Pike

138 Room Hotel Pleasantville, NJ 08232 $6,500,000 ($47,101/Room)

Investment Highlights

  • Business with Property
  • Close Proximity to Atlantic City
  • Indoor Water Park, Shopping Outlets
  • Located on a major Highway Route 40
  • Stockton University, Beaches, Casinos

Executive Summary

Ramada Atlantic City, strategically located on Highway Route 40, is a well-appointed hotel offering convenient access to the region's top attractions, including Stockton University, sandy beaches, world-class casinos, and popular shopping outlets. The hotel boasts a total of 142 guest rooms, designed to accommodate a variety of traveler preferences.
The 90 indoor corridor rooms are housed in a modern five-story building, equipped with elevator access for added convenience, making them an ideal choice for guests seeking a more private and enclosed lodging experience. The remaining 52 rooms are located in a two-story outside corridor setup, featuring exterior entrances for guests who prefer direct outdoor access.
Each room is designed for comfort and functionality, offering amenities such as air-conditioning, complimentary Wi-Fi, flat-screen TVs, and en-suite bathrooms. Guests can enjoy a comfortable stay, whether visiting for business or leisure.
The property’s prime location ensures easy proximity to an indoor water park, vibrant shopping outlets, and Atlantic City's renowned entertainment options, making it an excellent choice for families, business travelers, and tourists alike.

Property Facts

Price $6,500,000
Price Per Room $47,101
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 4.22 AC
Building Size 110,000 SF
No. Rooms 138
No. Stories 5
Year Built 1985
Corridor Interior

Amenities

  • Business Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 138 $94.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-04306-0000-00003
Land Assessment
$1,263,500
Improvements Assessment
$2,634,200
Total Assessment
$3,897,700

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 34207780

  • Date on Market: 12/15/2024

  • Last Updated:

  • Address: 8037 Black Horse Pike, Pleasantville, NJ 08232

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