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Coldwell Banker

James C. Otton Real Estate, Inc.


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MLS (sjsr) #462029 - $7,900,000.00
801 Atlantic Ave
Ocean City, NJ 08226
51 - 100 Units

FOUR independent Multi-Family/Multi-Use Income 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 (known as Pavilion Hotel) & altogether are for sale at approx 7-8% cap rate based off original asking price. Al


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801 Atlantic Ave, Ocean City - 51 - 100 Units - FOUR independent Multi-Family/Multi-Use Income 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 (known as Pavilion Hotel) & altogether are for sale at approx 7-8% cap rate based off original asking price. Al
 
 
 


Listing courtesy of:
KELLER WILLIAMS REALTY JERSEY
DOLISZNY, ROBERT


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Coldwell Banker James C Otton Real Estate