WHAT A DEAL!!! FOUR BOARDWALK STORES ($1,500,000); FOUR (2 BEDROOM) DWELLING UNITS ON A 90' X 100' LOT ($600,000) & 71 MOTEL UNITS @ $58,803 PER UNIT (AVERAGE) FOR THE ONLY OCEANFRONT MOTEL IN WILDWOOD...UNBELIEVABLE!!! NOT SOLD SEPARATELY--BEING SOLD AS TOTAL PACKAGE! LOCATION, LOCATION, LOCATION...it doesn't get any better than this! Outstanding condition. Just purchase and profit! This meticulous, upscale AA Heart of Wildwood Motels & Boardwalk Stores package consist of four tax parcels. Two Motel buildings, a two-story Four Unit dwelling, and Four Boardwalk Stores. This is a totally turnkey operation with a stellar reputation, income & repeat clientele. (Building 1) an EXCLUSIVE OCEANFRONT MOTEL located at 401 E. Spencer Avenue, (41 units) consisting of 29 motel rooms, 8 one-room efficiencies & 4 two-room efficiencies, office, rooftop pool, sundeck, 46 parking spaces, ocean views & FOUR BOARDWALK STORES! The rooftop deck overlooks many Boardwalk & Beach events. The recent Kenny Chesney concert was spectacular from this viewpoint! (Building 2) a Motel located at 4002 Ocean Avenue built in 1976, (30 units) consisting of 14 motel rooms, 12 one-room efficiencies & 4 two-room efficiencies, bathrooms were completely renovated in 2010 (with granite wall/tub systems), office, pool & 17 parking spaces. There is additional parking at Building 3. (Building 3) is a two-story Four Unit dwelling located at 304 E. Spencer Avenue, built in 1996 it contains three two-bedroom apartments, one additional room used for storage, central air, all baths renovated in 2010 with (granite tub/wall systems) & 28 parking spaces. Never before have you seen a package like this for sale in Wildwood! Every room includes refrigerators, microwaves, air-conditioning, heat, DVD players, in-room safes & WIFI. Beautifully appointed rooms with tiled flooring, (some bedrooms are carpeted) custom furniture & premium framed prints. All the work has been done for you. You can't get a better location at the heart of all that Wildwood has to offer! THE ONLY OCEANFRONT MOTEL IN WILDWOOD! --- Updated : 2012-08-30
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