5600 Ocean Avenue

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5600 Ocean Avenue

Wildwood Crest, NJ 08260-4326
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 5600 Ocean Avenue in Wildwood Crest.
  • Property classification as a motel within a coastal tourism market.
  • Situated in the 08260 zip code of the New Jersey shore.
  • Strategic placement for high-demand seasonal hospitality operations.
  • Geographic coordinates confirm location at 38.9772 latitude and -74.8256 longitude.

What's Special

The hospitality property at 5600 Ocean Avenue in Wildwood Crest, NJ, functions as a motel within a well-established coastal submarket. This location sits in the heart of a popular summer destination known for its expansive beaches and tourism-driven economy. The asset serves as an entry point for investors or operators looking to capitalize on the high seasonal demand characteristic of the South Jersey shore region. Given the site configuration and current improvements, the property supports various hospitality-focused business models geared toward vacationers and seasonal visitors. Access to the surrounding Atlantic coastline remains a primary driver for patronage in this submarket, providing proximity to local recreational attractions and regional transit routes. The building offers potential for continued use as an active lodging facility, accommodating the steady flow of summer traffic typical of the Wildwood area.

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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