7080 Black Horse Pike Pleasantville, NJ 08232-2806
This exceptional investment opportunity presents a 48-unit motel ideally situated in West Atlantic City, New Jersey, just 4.5 miles from the renowned Atlantic City Boardwalk, casinos, beaches, Convention Center, and Tanger Outlets. The property, encompassing 10,000 square feet on a 0.71-acre lot, offers significant potential for strong returns. Each of the well-maintained guest rooms includes modern amenities such as free Wi-Fi, private bathrooms, microwaves, refrigerators, flat-screen TVs, and kitchenettes, ensuring a comfortable stay for guests. The motel's convenient location off US-Route 40 provides easy access to Atlantic City's vibrant attractions and surrounding areas. Its proximity to Atlantic City International Airport, serving over 3 million travelers annually, further enhances its appeal and potential for consistent occupancy. This two-story property represents a rare chance to acquire a thriving business with significant upside in a high-demand tourist destination. The asking price is $1,800,000. This turnkey operation is ready for a new owner to continue its success or implement further growth strategies. The property's strong location and existing infrastructure make it an attractive investment for both seasoned and aspiring hospitality entrepreneurs.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.