PROPERTY FOR SALE: NEW JERSEY





Location: South Central New Jersey
Number of Units: 30, plus Tavern and Meeting/Banquet Facility
Year Constructed: 1970s
Corridors:  Exterior
# of Stories: 1
Chain Affiliated ? : No
Cost to Transfer Franchise: N/A
AAA Rated ? : No



Asking Price: $ 1,900,000
Gross Rooms Revenue: $ 300,000
Gross F&B Revenue: $ 100,000 N/A
Gross Other Revenue: N/A
Annual Property Taxes: $ 22,000
Annual Insurance Costs: $ 5,900
Seller/Private Financing Available ?: No
Other Property Included: N/A



Other Information: This property is located directly on a very well-traveled, cross country US Highway,
convenient to both Philadelphia and Atlantic City.   It is configured in 3 buildings on 2.35 acres,
30 guest rooms, plus a Tavern (Seats 30, and includes a billiards area) and an expansive Meeting and Banquet
Facility (nearly 9,000 SF).   Recent improvement projects include carpeting, bedding, AC units and more,
plus significant improvement to the 2BR owner/manager's quarters located on-site, ideal for an owner-operator.

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