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Property profile & analytics
OFF-MARKET
Commercial real estate

539 Absecon Blvd Absecon, NJ 08201-2244

12.9 ac lot
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US59-3193918
Property summary
AI-generated overview

This exceptional 205-room hotel, the Travelodge by Wyndham, presents a lucrative investment opportunity in Absecon, New Jersey. Situated on a substantial 12.9-acre lot along Route 30, this property boasts prime oceanfront visibility and convenient access to Atlantic City's beaches and casinos (approximately 10 minutes away). Built in 1986, the hotel features 160,000 square feet of space, including spacious guest rooms with updated furniture and appliances. Beyond the guest rooms, the property includes a generously sized lobby, multiple conference rooms, a fitness center, shuttle service, and ample parking to accommodate guests and staff. The expansive lot and existing infrastructure offer significant potential for future development, including a possible condo conversion. This is a rare chance to acquire a well-established hotel with substantial upside in a highly desirable location. The asking price for this turnkey operation is $10,000,000. The property's location on a major highway and its proximity to Atlantic City's attractions make it an ideal investment for both seasoned hospitality operators and those seeking a high-return opportunity. The hotel's existing amenities and the potential for future development make this a truly unique and compelling investment proposition.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 12.9 ac (561,924 SF)
APN 01 00225-0000-00009
UPID US59-3193918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Ratan Ac LLC · 14 yrs held
Ratan Ac LLC
since 2011
5 recorded transactions
2011
$1.3M
2003
$2.3M
1995
$150,000
1993
$2.2M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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