For Sale
$1,800,000

7080 Black Horse PikePleasantville, NJ 08232

48-Unit Motel Near Beaches & Casinos

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a 48-unit motel ideally situated in West Atlantic City, New Jersey, just 4.5 miles from the renowned Atlantic City Boardwalk, casinos, beaches, Convention Center, and Tanger Outlets. The property, encompassing 10,000 square feet on a 0.71-acre lot, offers significant potential for strong returns. Each of the well-maintained guest rooms includes modern amenities such as free Wi-Fi, private bathrooms, microwaves, refrigerators, flat-screen TVs, and kitchenettes, ensuring a comfortable stay for guests. The motel's convenient location off US-Route 40 provides easy access to Atlantic City's vibrant attractions and surrounding areas. Its proximity to Atlantic City International Airport, serving over 3 million travelers annually, further enhances its appeal and potential for consistent occupancy. This two-story property represents a rare chance to acquire a thriving business with significant upside in a high-demand tourist destination. The asking price is $1,800,000. This turnkey operation is ready for a new owner to continue its success or implement further growth strategies. The property's strong location and existing infrastructure make it an attractive investment for both seasoned and aspiring hospitality entrepreneurs.

Property Details for 7080 Black Horse Pike

Property type
Multifamily properties
Square Feet
10,000 SF
Year Built
1970
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Pleasantville
County
Atlantic
State
New Jersey
Latitude
39.3834
Longitude
-74.50085
7080 Black Horse Pike, Pleasantville, New Jersey

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7080 Black Horse Pike
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