3218 Atlantic AveWildwood, NJ 08260

This exceptional 39-room motel in Wildwood, NJ, presents a unique investment opportunity. Boasting a prime location just over a block from the renowned boardwalk and beach, this established business has been operating successfully for over 50 years. The property features a mix of spacious accommodations, including two-room efficiencies, executive suites, and VIP rooms, catering to a diverse range of guests. Many rooms offer private balconies, providing stunning views of the ocean and the spectacular fireworks displays. A highlight of this property is its impressive rooftop pool, a perfect amenity for relaxation and enjoyment. Ample off-street parking is available for guests' convenience. The motel's central location allows easy access to Wildwood's vibrant nightlife, attractions, and numerous events, including the Barefoot Music Fest, various sports tournaments, and beach races. The property has undergone recent upgrades, ensuring a turnkey operation for the new owner. One ground-floor room has previously been used for various commercial purposes, such as ice cream sales, presenting additional potential revenue streams. This is a rare chance to acquire a well-established, profitable motel in a highly desirable location. The asking price is $5,775,000.