2001 Surf Avenue

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2001 Surf Avenue

North Wildwood, NJ 08260
Asking Price
Contact for price
Asset Type
Motel Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality property located at 2001 Surf Avenue in North Wildwood
  • Motel asset available for acquisition by qualified hospitality investors
  • Situated within a popular New Jersey coastal tourism submarket
  • Well-suited for operators targeting seasonal vacationers and beach travelers
  • Prime location offering proximity to regional boardwalks and beaches

What's Special

This hospitality asset in North Wildwood is currently available for sale, presenting an entry point for investors seeking a foothold in a prominent New Jersey shore destination. Positioned at 2001 Surf Avenue, the property benefits from the steady seasonal tourism inherent to the barrier island submarket. The coastal economy remains a primary driver for the regional hospitality sector, supported by consistent visitor traffic throughout the warmer months. As a motel facility, this site is well-positioned to serve vacationers, weekend travelers, and families frequenting the nearby beaches and boardwalk attractions. Professional operators and hospitality groups may find this asset suitable for continued operation, renovation, or brand repositioning strategies tailored to the local demographic. The location offers accessibility to major shore thoroughfares, connecting the property to broader regional markets and contributing to its utility for tourism-focused business models. North Wildwood continues to function as a stable environment for hospitality holdings, characterized by established foot traffic and ongoing seasonal demand patterns.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times