539 Absecon Blvd Absecon, NJ 08201-2244
- Commercial real estate
- 12.90 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 539 Absecon Blvd
- Lot size
- 12.90 lot acres
- Property type
- Commercial real estate
- APN
- 01 00225-0000-00009
- APU
- 100225000000009
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $500,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Absecon
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.4945
- Latitude
- 39.4034
- CBSA code
- 12100
- CBSA name
- ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
