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Key Details
Sold Price $2,080,000
Property Type Commercial
Sub Type Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223460
Sold Date 04/11/23
Annual Tax Amount $15,118
Tax Year 2021
Lot Dimensions 75 x 100
Property Sub-Type Motel
Property Description
North Wildwood Aruba Motel with 24 Units, Office. Property has Bran NEW Pool with fencing, New Windows, New Flooring, New Washer, Dryer, Some new Furnishings, New Beds, Gecko Roof, Renovated New Coffee Shop with New Sinks, Ansul Hood System, hot water, Sinks, etc. The Property consists of 4- 2 Room Suites, and 2 2-Room Efficiencies, 7 - 1 Room Efficiencies, and 11 motel rooms,. Owners quarters is 2- Room including the office. There is a outside sun deck with approximately 19 parking spots. Coffee Shop leased with multi years left. 48 hr Appointment necessary.
Location
State NJ
County Cape May County
Area North Wildwood
Zoning commercial
Location Details Island,Water View
Rooms
Other Rooms Coffee Shop, Laundry Room, Utility Room
Interior
Interior Features 220 Volt Electricity, Smoke/Fire Alarm, Storage
Hot Water Gas
Heating Electric
Cooling Wall Air Conditioning
Flooring Linoleum/Vinyl
Exterior
Exterior Feature Swimming Pool, Sign
Parking Features Assigned Parking, Other (See Remarks)
Building
Lot Description Island, Water View
Story 3
Sewer City
Water City
Structure Type Block,Wood/Frame
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with SHORE POINTS REALTY