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Property profile & analytics
OFF-MARKET Estimated value $1,160,000
Commercial real estate

930 White Horse Pike Absecon, NJ 08201-2300

1.08 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-2893340
Property summary
AI-generated overview

Prime investment opportunity: The Easy Inn Hotel, a 38-room motel situated on a 1.08-acre lot at 930 White Horse Pike in Absecon, New Jersey, is now available for purchase at $1,450,000. This two-story property boasts a highly desirable location, just 15 minutes from the vibrant Atlantic City casinos, beaches, outlet malls, and Stockton University campus. The motel's strategic placement on Route 30 ensures high visibility and accessibility. Beyond the immediate area, the property offers easy access to a wealth of attractions, including Boardwalk Hall, Absecon Lighthouse, and numerous beaches in Cape May, Atlantic City, Margate, and Ventnor. The sale includes the established Easy Inn Hotel franchise. In addition to the motel rooms, the property also features a three-bedroom house. This turnkey operation presents a unique opportunity for investors seeking a profitable hospitality business with significant growth potential in a prime location. The property is not under construction and is ready for immediate operation. Further details regarding building class, square footage, and other specifics are available upon request. This is a rare chance to acquire a well-established business with real estate in a thriving tourist destination.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.08 ac (47,006 SF)
Zoning code HC
APN 01 00189-0000-00006
UPID US59-2893340
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
AI Approach AI
$1.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.16M
Owner & transaction history
Gsran Z LLC · 3 yrs held
Gsran Z LLC
since 2023
Last sale
$1.1M
7 recorded transactions
2023
$43,950
2021
$1.1M
2013
$750,000
2013
Price N/A
2008
$2.0M
2007
$1.6M
2004
$1.3M
Zoning & alternative use
HC · Absecon, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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