| MOTEL WITH PROPERTY IN STRATEGIC LOCATION! PRICED TO SELL!
This well-established 23-room motel represents a solid hospitality investment opportunity in a strategic location in Atlantic County, NJ.This facility includes 12 double-occupancy rooms, 11 single-occupancy rooms, and five premium suites equipped with Jacuzzi amenities. This room mix provides operational flexibility and multiple revenue streams to maximize occupancy rates across different market segments.
Financial Performance:
- Annual gross revenue of $425,000
- Average daily rate of approximately $95 per room
- 45 % Occupancy Rate
- Established revenue history with continuous operations
The property has undergone comprehensive renovations to ensure modern standards and guest satisfaction. Recent capital improvements include complete interior painting, new carpeting throughout all guest rooms, and fully renovated bathrooms. The roof replacement, completed within the last decade, demonstrates proactive maintenance and reduces future capital expenditure requirements.
With over years of continuous operations, the business maintains an established customer base and documented revenue history. The property's maintained condition, strategic location, and proven financial performance create a turnkey opportunity for qualified investors seeking entry into the hospitality sector.
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