3710 Ocean Avenue

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3710 Ocean 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 3710 Ocean Avenue in Wildwood, New Jersey.
  • The property operates as a motel within a popular coastal market.
  • Positioned near the Atlantic coastline and established boardwalk attractions for visitors.
  • Strategic location benefits from seasonal tourism trends in Southern New Jersey.
  • Suitable for ongoing hospitality use or future commercial redevelopment project plans.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing significant seasonal tourism and drawing visitors to its famous boardwalk and Atlantic coastline. Situated at 3710 Ocean Avenue, this hospitality asset functions as a motel within this active regional market. The property benefits from the high volume of leisure travel associated with the Jersey Shore, positioning it to capture consistent demand during peak summer months. Given its strategic placement within a established hospitality hub, the site remains well-suited for continued lodging operations or potential redevelopment strategies compatible with local zoning ordinances. Investors may find this location attractive due to its proximity to the beachfront and existing infrastructure that supports consistent guest turnover. The asset represents a functional addition to a portfolio focused on seasonal resort properties or coastal commercial holdings within the broader Southern New Jersey tourism corridor.

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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