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124 Kearney Avenue

Seaside Heights, NJ 08751
  • $1,900,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 22139033
UPDATED: 72 min ago
$1,900,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Description

Exceptional opportunity to purchase a well-established Flamingo hospitality Hotel at Jersey Shore's Seaside Height steps away from the boardwalk. This 23 Rooms Hotel is centrally located and in walking distance to all the attractions that the island has to offer. Take the sky ride shuttle above the boardwalk, miniature golf, scooters, boat rentals, bars, restaurants and many more. This Family operated 10% cap rate money maker with an inground pool is ready for new management.

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© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2022-01-18T22:19:29.173.
www.williamhagangroup.com/homes/124116954
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124 Kearney Avenue Seaside Heights, NJ 08751

  • Price: $1,900,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 72 min ago
  • MLS #: 22139033
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1960
Built
Neighborhood:
Seaside Heights (SEH)
County:
Ocean
Area:
Seaside Heights (SEH)
Property Description
Exceptional opportunity to purchase a well-established Flamingo hospitality Hotel at Jersey Shore's Seaside Height steps away from the boardwalk. This 23 Rooms Hotel is centrally located and in walking distance to all the attractions that the island has to offer. Take the sky ride shuttle above the boardwalk, miniature golf, scooters, boat rentals, bars, restaurants and many more. This Family operated 10% cap rate money maker with an inground pool is ready for new management.
Exterior Features

Construction Siding Vinyl Exterior Sign Garage No Lot Description Level Lot Dimensions 80 X 100 Parking Driveway On Site Parking Spaces 8.00 Roof Flat Water Type Beachfront

Interior Features

Basement Slab Elevators 0.00 Floors Tile Heat AC Heat PumpWindow Unit(S) Heat Fuel Forced AirHeat Pump Rental Units 23 Seat Capacity 25 Or Less Water Heater Natural Gas

Property Features

Assessment Land 450000.00 Assessment Status Assessed Assessment Total 1100000.00 Business Operating Yes Commercial Type Commercial Electric1 110 Volt Financials Per Year Franchise No Gas On Site Gross Income 443735.00 Handicap Access No Improvements Assessment 650000.00 Lease No New Construction No Operating Income 182593.00 Sale Yes Sale Includes Business Name Sewer Public Sewer Tax Year 2021 Taxes 27720.00 Use Hotel/Motel Water Public Water Zoning Conforming Use

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Olatubosun Modile of Keller Williams Realty.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2022-01-18T22:19:29.173.
 
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