Besen Partners is pleased to offer for sale a fee simple interest in the 48-unit, New Sea Breeze Motel, located in West Atlantic City, NJ. The subject property is ideally located on 1.46 acres and features 2 floors of well-maintained guest rooms. Each guest room is equipped with free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, and kitchenettes.
The sea breeze motel is centrally located off US-40, providing visitors to the hotel seamless access to all attractions within Atlantic City as well as other major neighborhoods in the vicinity. Additionally, the hotel is less than 8 miles to the Atlantic City International Airport which can accommodate 3 million travelers every year, The asset is also a mere 4.5 miles from the Atlantic City Boardwalk and 6miles from major casinos in the region. For future demand, the asset is located approximately 6 miles from the proposed $3.3 billion Formula 1 track that is pending approval. The proposed plan will see the city revamped with brand new commercial development partnered with residential housing.
LAND & DEVELOPMENT OPPORTUNITY
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