#Business ID: 12730

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Motel With Real Estate on 3 Acres

Business Location: Cape May, New Jersey, United States

Asking Price: $ 1,899,000

Revenue: not disclosed

Cash Flow: not disclosed

Business Summary

A well established motel with a mix of 11 rooms and 5
efficiencies and 17 individual seasonal cabins plus one heated
year around cabin. Located by beautiful resort town on an
intersection of 2 main busy highways.
Owners 3 bedroom home is attached to motel
Nice swimming pool in front of motel
Current owner of 30 plus years mainly rents monthly and
seasonal. New owner can increase sales by renting weekly and
nightly Real estate offered by Sunbelt Real Estate

Property Details

Years Established:

1950

Real Estate Value:

$ 1,100,000

Other Business Details

Premise Details:

Motel on 3.3 acres of property on busy intersection. Located right over bridge of popular beach town. Plenty of parking, swimming pool. Property has great potential.,

Miscellaneous Details

Reason For Selling:

owner is retiring

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