View available units and the most up to date pricing.
is located beachfront in the heart of Cape May.
Every condo features relaxing private balconies overlooking the ocean with
breathtaking panoramic views of the sky, sea and beach. Savor terrific
resort amenities such as; outdoor heated pool, summer pool bar, restaurant with
bar, maid service, meeting rooms, fitness room, wireless internet, laundry room,
parking and none of the maintenance associated with property ownership.
This trouble-free investment is perfect for a 1031 tax deferred exchange.
now and in the future. Your wonderful vacation
retreat is operated daily year round for you as a hotel by full time staff when
you are not visiting. This hotel was extensively renovated between 2004/2009 in
a multi-million dollar renovation, to include windows, siding, doors, bathrooms,
interior and exterior painting, roofing, parking lots, ten new rooms on the 6th
floor and much more…
is made up of all the condo unit owners and its assets
include; common areas, first floor restaurant with bar, liquor license, pool
bar, front desk, first floor lobby, hallways, meeting room, laundry room,
fitness room, 4th, 5th and 6th floor lobbies, maids room, maintenance room, 5th
floor storage room and 4 parking lots.
are; condominium insurances, utilities, association
renovation/new construction mortgage, the capital improvement fund and are
debited from your portion of rental income. After your income has paid off these
fees for the year, owners receive 50% of the rental income in a monthly check.
The only current out of pocket expenses owners incur are real estate taxes and
any private mortgage on their individual room. Investment financing available
through Sturdy Savings, Kevin Deely (609) 463-5210 and Crest Savings Sue Paz
(609) 522-5460.
and choose the perfect one for you. There are 9 types of
rooms/suites for you to choose from. We have Pet Friendly Units, Suites, Hotel
Rooms and Penthouse Suites. Individual hotel rooms owned by your association
are the 10 units built in 2008/09 on the 6th floor currently being rented and
for sale. These upgraded suites are equipped with top of the line amenities to
reflect residential vacation lifestyles, cathedral ceilings and spectacular
views.
you are able to use your room any length of time
from October 1 to June 14, having only to reimburse $25 per night for the
housekeeping and restocking. During the summer season you may use your room 14
days, any configuration, from June 15 to September 30 having to reimburse for
the housekeeping and restocking. Any room usage during the summer season in
excess of the 14 days will be charged to the owner on half of the seasonal
published rate.
To return to the Marquis de Lafayette Hotel’s site please click this link:
www.marquiscapemay.com
This Information is deemed accurate but not guaranteed and is subject to change
without notice.