313 E Glenwood Avenue

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313 E Glenwood Avenue

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 313 E Glenwood Avenue in Wildwood
  • Property is currently configured as a motel for short-term lodging
  • Asset benefits from strong seasonal tourism demand in Wildwood
  • Strategic position within the active Jersey Shore hospitality market
  • Coordinates placed at 38.9902 latitude and -74.8083 longitude

What's Special

Wildwood, New Jersey, serves as a prominent coastal destination within the regional tourism landscape, drawing consistent seasonal visitors to its expansive beaches and boardwalk attractions. Situated at 313 E Glenwood Avenue, this hospitality asset provides a strategic foothold in a market defined by high summer occupancy rates and strong demand for short-term lodging. The property operates as a motel, positioning it to capture transient travel demand from tourists, weekend vacationers, and families visiting the Jersey Shore. Investors evaluating hospitality acquisitions in this submarket may find this asset suitable for continued motel operations or potential repositioning strategies aligned with local zoning allowances. Its proximity to major thoroughfares facilitates accessibility for guests navigating the Cape May County peninsula. As part of a well-established beach town economy, the location benefits from long-standing infrastructure and a dense concentration of hospitality and retail support services that drive guest activity throughout the peak season.

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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