3218 Atlantic Avenue

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3218 Atlantic 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 3218 Atlantic Avenue in Wildwood
  • Motel property type situated in a prominent coastal market
  • Prime regional location serving high volumes of seasonal visitors
  • Property sits within the 08260 zip code of New Jersey
  • Established site suitable for ongoing hospitality or lodging operations

What's Special

Operators seeking a hospitality investment in Wildwood, New Jersey, will find this motel property at 3218 Atlantic Avenue suitable for continued transient lodging use. The coastal location benefits from the significant seasonal tourism that drives the local economy in this well-known shore destination. Its position within the city provides access to regional visitors and vacationers drawn to the Atlantic coast each year. The facility serves the hospitality sector, accommodating the high demand for short-term stays during peak summer months. Investors focused on the leisure market or those evaluating properties for repositioning will recognize the utility of this established asset type. Wildwood maintains a consistent profile as a primary recreation area in the southern portion of the state, ensuring a steady stream of traffic throughout the designated resort 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