7080 Black Horse Pike, Pleasantville, NJ 08232
48 Room Hotel | Pleasantville, NJ 08232 | $2,250,000 ($46,875/Room)
For Sale
Active
Asking Price $2,250,000
- Property Type
-
Hospitality
- Square Feet
- 10,000 SF
Listing Contacts
Anudeep Gosal
Arjun Sheth
Andrew Cameron
Ronald Cohen
- Property Info
Property Overview
Besen Partners is pleased to offer for sale a fee simple interest in the 48-unit, New Sea Breeze Motel, located in West Atlantic City, NJ. The subject property is ideally located on 1.46 acres and features 2 floors of well-maintained guest rooms. Each guest room is equipped with free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, and kitchenettes.
The sea breeze motel is centrally located off US-40, providing visitors to the hotel seamless access to all attractions within Atlantic City as well as other major neighborhoods in the vicinity. Additionally, the hotel is less than 8 miles to the Atlantic City International Airport which can accommodate 3 million travelers every year, The asset is also a mere 4.5 miles from the Atlantic City Boardwalk and 6miles from major casinos in the region. For future demand, the asset is located approximately 6 miles from the proposed $3.3 billion Formula 1 track that is pending approval. The proposed plan will see the city revamped with brand new commercial development partnered with residential housing.
The sea breeze motel is centrally located off US-40, providing visitors to the hotel seamless access to all attractions within Atlantic City as well as other major neighborhoods in the vicinity. Additionally, the hotel is less than 8 miles to the Atlantic City International Airport which can accommodate 3 million travelers every year, The asset is also a mere 4.5 miles from the Atlantic City Boardwalk and 6miles from major casinos in the region. For future demand, the asset is located approximately 6 miles from the proposed $3.3 billion Formula 1 track that is pending approval. The proposed plan will see the city revamped with brand new commercial development partnered with residential housing.
Property Details
- Class
- C
- Year Built
- 1990
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 30,928 SF
- Units
- 48
Highlights
- The subject property is ideally located on 1.46 acres
- 2 floors of well-maintained guest rooms
- Each guest room is equipped with free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, and kitchenettes
- Centrally located off US-40, providing visitors to the hotel seamless access to all attractions within Atlantic City
- 8 miles to the Atlantic City International Airport
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