911 Surf Avenue

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911 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 asset located at 911 Surf Avenue in North Wildwood.
  • Property classification is specifically designated as a motel facility.
  • Positioned within a busy seasonal tourism market in New Jersey.
  • Well suited for active lodging operations or future property redevelopment.
  • Located in Cape May County with proximity to coastal attractions.

What's Special

911 Surf Avenue functions as a hospitality asset in the coastal community of North Wildwood, New Jersey. This motel sits in a region characterized by its seasonal tourism economy and dense shoreline visitor traffic. The property provides a platform for operators seeking to capitalize on the proximity to local beaches and regional attractions that draw thousands to the Cape May County area annually. Given the existing hospitality infrastructure and the asset's current classification, the site remains suitable for continued lodging operations or potential redevelopment projects aimed at modernizing the local tourist experience. Investors looking for a foothold in an established vacation destination will find this location aligns with the area's ongoing demand for guest accommodations and seasonal rental housing. The submarket maintains a steady flow of visitor activity throughout the spring and summer months, supporting consistent service-oriented business models. This asset serves as a functional component of the North Wildwood hospitality landscape, offering utility for stakeholders focused on the regional travel sector.

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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