For Sale: 5006 Ocean, Wildwood, NJ 08260 | MLS# 200711

Motel Investment Opportunity! Directly on Ocean Avenue with…

$499,900.00
0 Beds
0 Baths

For Sale: 5006 Ocean, Wildwood, NJ 08260 | MLS# 200711

Motel Investment Opportunity!  Directly on Ocean Avenue with tremendous ocean and boardwalk views, this is the perfect starter motel!  This property offers amazing ocean views from the oversized sundeck and all upper level units, with a total of 9 units with a breakdown as follows:  2 motel units (no kitchen), 1 motel unit with kitchen, and 6 two room efficiencies with kitchens.  In addition there is a spacious owners quarters with living room/sleeping area, eat in kitchen, complete with laundry, utility room and storage, and heat.  The location is highly desirable -  the Sea Ray Motel is situated between Hand and Leaming Avenues, just south of Rio Grande Avenue, and very close to Wildwood Crest, the Wildwood Convention Center, and many more attractions. There is no need to worry about parking as the property has 9 off street parking spaces.  Don’t miss this well priced opportunity!  Seller is conveying property “as is”.

Map

Listing information courtesy of LEES REAL ESTATE.

Request More Information on the Property

Amenities

  • Price: 499,900
  • MLS Number: 200711
  • Outside Features: Sign, Fence
  • Exterior: Brick Face
  • Parking: 6 To 10 Spaces, Off Street
  • Other Rooms: Office Space Avail, Utility Room
  • Interior Features: Living Space Available, Smoke/Fire Alarm
  • Heating: No Heating
  • Cooling: Wall Air Conditioning
  • Hot Water: Gas
  • Water: City
  • Sewer: City
  • Location: Beach Block, Island, Water View
  • Taxes: 17709.30
  • Lot Number: 14
  • Block Number: 33