Motel For Sale In Somers Point, NJ
Somers Point, NJ Atlantic County
Asking Price:
$2,300,000
Annual Revenue:
Not Disclosed
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- RE: Motel For Sale In Somers Point, NJ
- Contact: Eleanor Murray
Quick Facts
| Asking Price: | $2,300,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $2,350,000 | |
| Year Established: | 1971 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 980112 | |
| Broker Reference #: | 1551 |
Business Overview:
Motel for sale in Somers Point, NJ. Motel (206x150) includes 14 efficiency units, 10 apartments, a restaurant with a triple net lease that rents for $3,500 per month (150x100), 6 lots (67x150 each) and a residential house (75x150). Average rent for units is $350-$450 weekly. Selling for appraised value.
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Reason for Selling:
IllnessAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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