- Listing ID: 798374
- (Seller ref: 0674)
Hotel In Atlantic City NJ For Sale
- Location:
-
- USA
- > North East
- > New Jersey
- > Atlantic City
- > Atlantic City
- Category:
- Type:
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Summary
- Asking price:
- $1,300,000 (Furniture / Fixtures included)
- Sales revenue:
- Available on request
- Cash flow:
- Available on request
Business description
Hotel is beach block with 44 units. Hotel is in good condition. Many rooms recently remodeled and other rooms being remodeled and restored to its original charm and splendor. Unique opportunity to invest in a beach block hotel in Atlantic City. Daily and monthly rooms available. Zoned resort commercial with laudromat and recently upgraded manager's suite. Higher potential income when upgraded rooms come on line. Seller will finance $900,000 at six percent for five years based on a 30 year amortization. 400,000 needed for downpayment.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- Newly upgraded manager's suite.
- Location:
- Beach Block Atlantic City New Jersey
- Premises details:
- Hotel has 44 units, presently under renovation.
- Size in square feet:
- 10,875
Other information
- Planning consent:
- Zoned resort commercial
- Competition / Market:
- Unique opportunity to invest in beach block hotel in Atlantic City.
- Support & training:
- Two Weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Owner will finance 1,000,000 dollars at six percent for five years based on a 30 year amortization. $400,000 dollars needed for downpayment.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- USA
- > North East
- > New Jersey
- > Atlantic City
- > Atlantic City
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