|Type: Commercial||Style: Commercial|
|City: Ocean City||Area: Central Boardwalk & Beach Area|
|Sq ft: 0||Dimensions: 0|
FOUNTAIN VIEW MOTEL
This sale is for both real estate property & its seasonal motel operating business consisting of a 19 units with outdoor patios. Motel generates an average of approx $248,000 in seasonal revenues and profit at a reasonable cap rate.
Located in center heart of Ocean City NJ – America’s Greatest Family Resort, this property sits on large corner 75 x 90 lot located right on the BEACH BLOCK & OFF-BOARDWALK!! The desirable central location of this property is indisputably positioned within Ocean City’s highest traffic volume for beach, boardwalk, and all its hospitality & tourist destination spots.
This landmark complex has been in operation for almost 70 yrs & has a coveted & unbelievable repeat (multi-generational) guest/customer following. This motel is a part of an existing hotel complex consists of THREE seasonal-only properties: two hotels and one apartment building, and are all now being separately and independently offered for sale.
Signed NDA/Confidentiality Agreement from qualified buyers required.
If you have serious interest & require more information, please call Kristina Doliszny directly now at (609) 412-5547
Kristina Doliszny, Ocean City Real Estate Group
Keller Williams Realty – Jersey Shore
1 Atlantic Ave,Ocean City NJ 08226
Call Us: (609) 412-5547
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