3200 Atlantic Avenue

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3200 Atlantic Avenue

Wildwood, NJ 08260-4949
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 3200 Atlantic Avenue in Wildwood, New Jersey.
  • This asset is currently available for purchase by interested investors.
  • The site operates as a motel within a busy coastal market.
  • Positioned in a popular destination for summer tourism and family travel.
  • Coastal location offers visibility near major regional shore attractions.

What's Special

This hospitality asset for sale at 3200 Atlantic Avenue in Wildwood, New Jersey, presents a functional acquisition for an investor or operator looking to establish a presence within the coastal tourism market. The property consists of a motel, a common asset type in this specific regional submarket, which benefits from its proximity to the Atlantic Ocean and the seasonal influx of visitors common to the Jersey Shore. Such a location supports consistent business models centered around short-term lodging and seasonal tourism demand. Investors may find utility in the existing structure for ongoing hospitality operations or long-term strategic site positioning within the local market landscape. The site benefits from its situated position in Wildwood, an area known for its boardwalk and summer activity, drawing families and vacationers from throughout the Mid-Atlantic region. Prospective buyers should evaluate the site based on the potential for operational improvements and its capability to capture regional guest volume during peak months.

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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