539 Absecon BlvdAbsecon, NJ 08201

Property Details for 539 Absecon Blvd

Lot size

12.90 AC

Property type

Other commercial real estate

APN

01 00225-0000-00009

APU

100225000000009

Description

This exceptional 205-room hotel, the Travelodge by Wyndham, presents a lucrative investment opportunity in Absecon, New Jersey. Situated on a substantial 12.9-acre lot along Route 30, this property boasts prime oceanfront visibility and convenient access to Atlantic City's beaches and casinos (approximately 10 minutes away). Built in 1986, the hotel features 160,000 square feet of space, including spacious guest rooms with updated furniture and appliances. Beyond the guest rooms, the property includes a generously sized lobby, multiple conference rooms, a fitness center, shuttle service, and ample parking to accommodate guests and staff. The expansive lot and existing infrastructure offer significant potential for future development, including a possible condo conversion. This is a rare chance to acquire a well-established hotel with substantial upside in a highly desirable location. The asking price for this turnkey operation is $10,000,000. The property's location on a major highway and its proximity to Atlantic City's attractions make it an ideal investment for both seasoned hospitality operators and those seeking a high-return opportunity. The hotel's existing amenities and the potential for future development make this a truly unique and compelling investment proposition.

• Alternative Use

  Use

  Valuation

  Residential

  $207,201,856

  Hospitality

  $189,795,792

  Educational

  $157,907,872

  Medical

  $163,338,560

  Retail

  $245,634,464

Location Insight

City

Absecon

County

Atlantic

State

New Jersey

Latitude

39.4034

Longitude

-74.4945

CBSA code

12100

CBSA name

ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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