175-181 Tennessee Ave, Atlantic City, NJ 08401
68 Room Hotel | Atlantic City, NJ 08401 | $3,495,000 ($51,397/Room)
For Sale
Active
Asking Price $3,495,000
- Property Type
-
Hospitality
- Square Feet
- 37,852 SF
Listing Contacts
Anudeep Gosal
Ronald Cohen
- Property Info
Property Overview
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.
Property Details
- Class
- C
- Year Built/Renovated
- 1963/2001
- Stories
- 4
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 20,038 SF
- Units
- 68
Highlights
- Strategic Location: Proximity to Atlantic City's attractions enhances guest traffic and occupancy.
- Brand Affiliation: Part of Wyndham Hotels & Resorts, benefiting from global brand recognition.
- Efficient Operation: Economy classification enables high RevPAR and low operational costs.
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