Motel For Sale in Somers Point, NJ

Somers Point, NJ
listing image
Asking Price:$2,300,000
Established Year:1971
Real Estate:$2,350,000
BUSINESS DESCRIPTION

Motel For Sale

Motel for sale in Somers Point, NJ. Motel (206x150) includes 14 efficiency units, 10 apartments, a restaurant with a triple net lease that rents for $3,500 per month (150x100), 6 lots (67x150 each) and a residential house (75x150). Average rent for units is $350-$450 weekly. Selling for appraised value.


DETAILED INFORMATION
Location
Somers Point, NJ
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Support & Training
2 Weeks
Reason for Selling
Illness
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Eleanor
Murray
Murray & Associates
Eleanor Murray