809 E Atlantic $7,000,000

MLS#: 168357
Address: 809 E Atlantic
City / Zip: Ocean City, NJ 08226
Type: Multifamily

@1Acre

Lot Size

N/A

Bedrooms

Ocean City

City

Overview

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FOUR Multi-Family/Multi-Use Income Building Producing Properties being offered for sale altogether-consists of almost 1 ACRE of prime BEACHBLOCK/OFF BOARDWALK Real Estate! This RARE "Once-In-A-Lifetime" AQUISTION OPPORTUNITY sale is for both real estate property & businesses consisting of 91 total units (various size & amenities) producing income under one consolidated hospitality P&L operation & altogether are for sale at approx 7-8% cap rate based off original asking price. Properties are located ON BEACHBLOCK & OFF BOARDWALK in the Heart of the Hospitality Zone - Overlooking Ocean City NJ Beaches & Boardwalk– America’s Greatest Family Resort!!! The central location of these properties are indisputably positioned within Ocean City’s highest traffic volume for beach, boardwalk, hospitality, and tourist destination spots.

This listing is provided courtesy of KELLER WILLIAMS REALTY JERSEY SHORE oc

Map

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Heating

      • Gas Natural
      • Baseboard
      • Hot Water
    • Exterior Features

      • Patio
      • Deck
      • Porch
      • Fenced Yard
      • Storage Building
      • Cable TV
      • Sidewalks
      • Outside Shower
      • Pool
      • Other (See Remarks)
      • Waterview

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