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Listed by:

Murray and Associates

Condo Hotel In Cape May County For Sale

Cape May County, New Jersey
Asking Price:
$6,500,000 (USD)
Sales Revenue:
$532,000 (USD)
Cash Flow:
$320,000 (USD)

Condo Hotel for Sale in Cape May County, NJ. 23,400 SF. 24 oceanfront units. All units are approved for individual condo's to be sold or rented. (11) 2 Bedroom, 2 Baths, (13) 1 Bedroom, 1 Bath. Has separate Heat, AC and Electric for each unit. Parking for all 24 units. Building only 11 years old. Price include extra property in back and parking lot. Seasonal: Open April through October. Closed November 1st. through March. Can open year-round. Can be turned into Air BNB. Same owner for 11 years.

Property information

Real Estate:

Real Property Included

Location:

Cape May County

Premises Details:

Free standing building. Overlooking ocean.

Size in square feet:
23,400

Business Operation

Reasons for selling:

Retiring

Trading hours:

Seasonal: Open April through October. Closed November 1st. through March. Can open year-round.

Employees:
5 PT
Years established:
2007

Other Information

Support & training:

3 Weeks

Listed by

Murray and Associates

Contact Information

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