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Listed by:

Murray and Associates

Motel In Somers Point Nj For Sale

Somers Point, New Jersey, US
Asking Price:
$2,400,000
Sales Revenue:
$528,000
Cash Flow:
$409,500

Property includes: 14 Efficiency motel Rooms, 10 Apartment Units, Restaurant + 6 lots. 2 additional potential apartments.
10 Apartments $402.50- $450 per week incl. taxes
14 Efficiencies $265 per week.
On major highway in Somers Point, NJ. Area. Fully furnished. Seller wants to sell in "As Is" condition. Seller financing with $500,000 down!

Property Information

Real Estate:

Real Property Included

Location:

On Major Highway in Jersey Shore area.

Premises Details:

14 Efficiency motel Rooms, 10 Apartment Units, Restaurant + 6 lots. 2 additional potential apartments.

Business Operation

Reasons for selling:

Illness

Years established:
50

Other Information

Support & training:

2 Weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

5/20, 5%

Contact Murray and Associates

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