For Sale
$2,250,000

7080 Black Horse PikePleasantville, NJ 08232

48-Unit Motel, Atlantic County, NJ

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: a 48-unit motel in Pleasantville, NJ, boasting a prime location on a 1.46-acre lot (64,000 sq ft). Built in 1990, this two-story property is zoned R-50 and offers well-maintained guest rooms, each equipped with free Wi-Fi, a private bathroom, microwave, refrigerator, flat-screen TV, and kitchenette. Its strategic location off US-40 provides easy access to Atlantic City attractions, major neighborhoods, and the Atlantic City International Airport (under 8 miles), accommodating 3 million travelers annually. The motel is also conveniently situated 4.5 miles from the Atlantic City Boardwalk and 6 miles from area casinos. Further enhancing its future potential, the property is approximately 6 miles from a proposed $3.3 billion Formula 1 racetrack, a project that anticipates significant commercial and residential development in the area. This presents a compelling opportunity for both immediate income generation and long-term appreciation. The property is offered at $2,250,000.

Highlights

  • 48-unit motel for sale in Pleasantville, NJ, on a 1.46-acre lot.
  • Two-story building, built in 1990, zoned R-50.
  • Each unit features free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, and kitchenette.
  • Prime location off US-40, near Atlantic City attractions, major neighborhoods, and Atlantic City International Airport (under 8 miles).
  • Less than 5 miles from the Atlantic City Boardwalk and casinos.
  • Approximately 6 miles from a proposed $3.3 billion Formula 1 racetrack, promising significant future development.

Property Details for 7080 Black Horse Pike

Property type
Hospitality properties, Motels
Year Built
1990
Stories
2

Location Insight

City
Pleasantville
County
Atlantic
State
New Jersey
Latitude
39.3834642
Longitude
-74.5010313
7080 Black Horse Pike, Pleasantville, New Jersey

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7080 Black Horse Pike
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