| Asking Price |
$1,300,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
included* | Employees | N/A |
* included in the asking price
** not included in the asking price
Hotel is beach block with 44 units. Seller will finance $900,000 @ 6% for five years based on a 30 amortization. Needs 400k Dn. Hotel is in good condition. Many rooms recently remodeled and others being remodeled and restored to its original charm and splendor. Unique opportunity to invest in a beach block hotel in Atlantic City. Daily and monthly rooms available. Zoned Casino Resort Commercial. Recently upgraded manager's suite. Higher potential income when upgraded rooms come on line.
Facilities: 44 unit motel on beach block in Atlantic City NJ
Competition: Unique opportunity for investment.
Financing: seller will finance $900,000 @ 6% for five years based on a 30 amortization
Support/Training: Two Weeks
Reason Selling: Other Interests

Eleanor Murray
856-428-8900
Murray & Associates
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