1019 Route 47

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1019 Route 47

Rio Grande, NJ 08242
Asking Price
Contact for price
Asset Type
Motel Hospitality
Class
Class B

AI Property Summary

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

  • Motel property located at 1019 Route 47 in Rio Grande.
  • Strategic position within the Cape May County tourism corridor.
  • Well-situated for consistent seasonal travel and regional hospitality demand.
  • Offers potential for continued operations or property repositioning.
  • Accessible location near major highways serving southern New Jersey.

What's Special

This hospitality asset is a motel situated at 1019 Route 47 in Rio Grande, New Jersey. Located within a key commercial corridor of Cape May County, the property benefits from the regional tourism activity and steady traffic flow associated with this shore-area market. The location serves as a gateway to nearby coastal destinations, making it a functional site for transient lodging and travelers exploring the southern New Jersey peninsula. Investors and operators may consider this facility for continued use as an independent lodging operation or for repositioning strategies within the local hospitality sector. The property proximity to major regional roadways facilitates accessibility for guests and potential customers. Given its position in the Rio Grande submarket, the motel provides a strategic entry point for buyers looking to establish a presence in a region characterized by consistent seasonal demand and high visitor volume throughout the year.

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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