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Key Details
Sold Price $4,700,000
Property Type Commercial
Sub Type Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230921
Sold Date 01/31/24
Year Built 1968
Annual Tax Amount $56,525
Tax Year 2021
Lot Dimensions 80x330
Property Sub-Type Motel
Property Description
Conveniently located steps to world famous beach and boardwalk of Wildwood by the Sea as well as new convention center, restaurants and entertainment. Total of 31 units. One room motel rooms and efficiency suites. Each room features all the conveniences of a modern hotel. Complex has pool with kiddie section, large picnic area with BBQ grills and ice and soda machines. Motel offers summer specials for groups, families and couples.
Location
State NJ
County Cape May County
Area Wildwood
Zoning comm
Location Details Beach Block,Boardwalk,Other (See Remarks)
Rooms
Other Rooms Utility Room
Interior
Interior Features Fire Sprinkler System, Handicap Features, Storage
Heating No Heating
Cooling Wall Air Conditioning
Flooring Other (See Remarks)
Exterior
Exterior Feature Swimming Pool, Other (See Remarks)
Parking Features Paved, One Per Unit Motel/Hotel
Building
Lot Description Beach Block, Boardwalk, Other (See Remarks)
Story 2
Sewer City
Water City
Structure Type Block,Concrete
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Non Member