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PROPIEDAD EN VENTA
$3,900,000
617 E 8th Street Ocean City, NJ 08226

Est. mensual: $14,831 Recalcular
Cortesía de eXp Realty, LLC
617 E 8th Street Ocean City, NJ 08226
Cortesía de eXp Realty, LLC

Acerca de esta propiedad

Multifamiliar (2-4 unidades)
Número de MLS: #590176
This is the very BEST VALUE-ADD ON THE JERSEY SHORE ISLAND RESORT MARKET! Current Cash Flow Valuations are at a 9%+ CAPRATE which makes this fabulous buy an INVESTOR'S DREAM INCOME AQUISTION OPPORTUNITY & WITH TONS OF UPSIDE! The Blue Water Inn Hotel is a 40-Unit Mixed Use commercial investment property, with parking! This income producing gem is centrally located on a HIGH TRAFFIC CORNER of 8th & Ocean Ave in the very HEART OF THE HOTEL/ HOSPITALITY DISTRICT & situated on a whopping 135' x93.05 lot just a couple blocks from Ocean City's white sand beaches and bustling World Famous Boardwalk. The property features a total of40units which consists of: 32 hotel rooms (with 32 baths); 5 renovated apartments (3-1BR/1BA, 1-2BR/1BA, 1-3BR/1BA & 1-Manager'sefficiency apartment w/1BA); and 3 leased commercial stores on the street level of the building. The three commercial storefronts currently include a full-service restaurant and two additional food & beverage service retail stores. In addition, the building includes an additional 1/2 bath in Guest Check-In Lobby; 3 courtesy dayrooms with showers; laundry facility; and a total of 28 parking spaces in the parking lot adjacent to & in back of the hotel. Property recently started to undergo upgrades & renovations inclusive of the apartments; new front porch; and windows are relatively new. For the experienced developer/investor, this incredible acquisition opportunity comes with tremendous upside potential associated with property stabilization and income growth tied to increased seasonal rents to become in line with market rates, plus expanding business to include Winter Rental which could quickly add an instant $100K to the bottom line. Income generating investment opportunities like this come around rarely in Ocean City. Pre-Qual & NDA required for financially qualified buyers only. Call Now!

Características de la propiedad

Amenidades: Puerto, Porche, Ventilador de techo
Equipamiento: Secadora, Microondas, Heladera
Sistema de refrigeración: Ventilador de techo, Equipos de aire acondicionado de ventana
Habitaciones: Subsuelo, Living, Taller

Copyright © 2024 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Calcular
Otros escuelas cercanos Distancia Tipo Grados/años Califaciones
Ocean City High School 0.3 mi Public 9-12 C
Ocean City Primary School 0.3 mi Public PK-3 C+
Ocean City Intermediate School 1.2 mi Public 4-8 B
New York Avenue School 2.9 mi Public PK
Dawes Avenue Elementary School 3.3 mi Public KG-3 D
Jordan Road Middle School 3.4 mi Public 4-8 C-
Chartertech High School For The Performing Arts 3.7 mi Public 9-12 D
Seaview Elementary School 3.9 mi Public PK-4 B-
Upper Township Primary School 4.0 mi Public PK-2
Upper Township Elementary School 4.0 mi Public 3-5 C+
Belhaven Middle School 4.4 mi Public 5-8 B+
Creative Learning Pre School 4.5 mi Private KG
Mainland Regional High School 4.7 mi Public 9-12 C
William H. Ross Iii Elementary School 5.2 mi Public PK-4 A
Eugene A. Tighe Middle School 5.4 mi Public 5-8 A
Ventnor Elementary School 5.9 mi Public PK-4 A
Ventnor Middle School 5.9 mi Public 5-8 B
Estos datos se suministran exclusivamente con fines informativos, y no se los deberá usar como base a la hora de decidir comprar una propiedad residencial. Los datos sobre los centros de enseñanza no garantizan la inscripción en estos. Tenga a bien contactar a un profesional inmobiliario local o al (a los) distrito(s) escolar(es) loca(es), para obtener información actualizada sobre los centros de enseñanza de la zona. La finalidad de esta información no es determinar si una persona es elegible para asistir a un centro de enseñanza ni para usar o beneficiarse de los servicios de otra ciudad, pueblo o localidad.
Edad promedio
57.9
Casados
52%
Número de hogares
5,233
Hogares con niños
18.8%
Comunidad:
Población por edades
Población por grupos étnicos
Población por nivel educativo
Hogares por nivel de ingresos
Datos no disponibles
Tipos de ocupación
Transporte al trabajo
Los datos proporcionados por Attom Data Solutions. Los derechos de autor (Copyright©) 2024. Información considerada confiable pero no garantizada.
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