Atlantic City Motel Investment
2741 PACIFIC AVENUE, Atlantic City, NJ 08401
- Added:
- Jan 16, 2026
- Days on Market:
- 125
- Last Refresh:
- May 21 at 8:06 pm
Property Features for 2741 PACIFIC AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 10,000 SF
Taxes and HOA fees
- Tax Annual Amount
- 26195
Utilities
- Heating system
- Forced Air
- Cooling system
- Multi Units, Window Unit(s)
Building Details
- Year built
- 1956
- Number of units
- 25
- Roof type
- Flat
- Architectural style
- Other
Listing agent Richard Baehrle (609) 226-6680
Listing office BHHS Fox & Roach Northfield 1001 Tilton Road, NJ
Listing date Jan 16, 2026
MLS# NJAC2022504
Listing URL
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location directly across from Tropicana Casino and one block from the beach in Atlantic City's resort district.
- Turn‑key, fully operational, and recently renovated 25‑unit motel with commercial space.
- Strong income‑producing asset with consistent guest demand and diversified revenue potential.
- Land lease secured through 2056, providing long‑term operational stability.
- Recent upgrades including new roof, new H/W heater, and new flooring/walls (anticipated completion 6/30/26).
- Located at a signalized intersection with high visibility and steady pedestrian flow.
Overview
This is a turn-key investment opportunity featuring a fully operational and recently renovated 25-unit motel with commercial space. It is located directly across from Tropicana Casino and one block from the beach at a signalized intersection in Atlantic City's high-traffic resort district. This income-producing asset offers consistent guest demand, strong visibility, and diversified revenue potential. The property features well-maintained guest rooms and street-level commercial space benefiting from steady pedestrian flow. The property is secured by a land lease through 2056, providing long-term operational stability. Recent upgrades enhance efficiency and curb appeal. The property is surrounded by casinos, dining, nightlife, and the Boardwalk. It is well-positioned for investors, hospitality operators, and 1031-exchange buyers seeking stable cash flow with future upside in a proven tourism market. The property size is 10000 square feet. Full renovation is underway, including a new roof, new hot water heater, and new flooring and walls, with anticipated completion by June 30, 2026.
Financial Insights
Value Estimation Calculated for Hotel Hospitality
Conservative
$672.9K
NOI $60,563 @ 9.00% cap · cautious / downside scenario
Moderate
$865.2K
NOI $60,563 @ 7.00% cap · market / base-case scenario
Aggressive
$1.21M
NOI $60,563 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Hotel Hospitality
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.0k | $15.00 |
| − Vacancy | −$22.5k | −$2.25 |
| EGI | $127.5k | $12.75 |
| − OpEx | −$66.9k | −$6.69 |
| NOI | $60.6k | $6.06 |
10,000 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Use Scenarios
Best Use
Hotel Hospitality
$865.2K
$757.0K – $1.01M
NOI $60,563 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.72M
$3.26M – $4.34M
NOI $260,675 @ 7.0% cap · market cap 26.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Eldorado Motor Inn
Hotel & Motel
Golden Gate Jewelers
(Bike/Boat/Book/etc) Store
Similar Places Nearby
- Rodeway Inn Oceanview — 3200 Pacific Ave, Atlantic City, NJ 08401
- Downbeach Inn — 3601 Pacific Ave, Atlantic City, NJ 08401
- Bungalow Beach Boardwalk Run — 3007 boardwalk, atlantic city, nj 08401
- Stockton Atlantic City Apartments — 3701 boardwalk, atlantic city, nj 08401
- Days Inn by Wyndham Atlantic City Oceanfront-Boardwalk — 3000 Boardwalk At, Morris Ave, Atlantic City, NJ 08401
Location Insight
- Map
- Local Demand
- City
- Atlantic City
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.44453
- Latitude
- 39.35364
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Turn-key, renovated 25-unit motel with commercial space for sale.
Where is this motel located?
The property is located at 2741 PACIFIC AVENUE Atlantic City, NJ.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Prime location directly across from Tropicana Casino and one block from the beach in Atlantic City's resort district.; Turn‑key, fully operational, and recently renovated 25‑unit motel with commercial space.; Strong income‑producing asset with consistent guest demand and diversified revenue potential.
