Motel Investment Opportunity! Directly on Ocean Avenue with tremendous ocean and boardwalk views, this is the perfect starter motel! This property offers amazing ocean views from the oversized sundeck and all upper level units, with a total of 9 units with a breakdown as follows: 2 motel units (no kitchen), 1 motel unit with kitchen, and 6 two room efficiencies with kitchens. In addition there is a spacious owners quarters with living room/sleeping area, eat in kitchen, complete with laundry, utility room and storage, and the owner's quarters has heat. The location is highly desirable - the Sea Ray Motel is situated between Hand and Leaming Avenues, just south of Rio Grande Avenue, and very close to Wildwood Crest, the Wildwood Convention Center, and many more attractions. There is no need to worry about parking as the property has 9 off street parking spaces. Don't miss this well priced opportunity! Seller is conveying property "as is".
Let the COASTAL MARKETING GROUP be your buyer for this listing. LISTING IS PROVIDED BY LEES REAL ESTATE. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.