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Teresa Repetto
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Property Type: Commercial
Sub Type: Other
Listing Status: Pending
Purchase Type: For Sale
Lot Size: 9.660 Acres
MLS Listing ID: NJCM104276
Subdivision: Na
Total Units: 3
Short Sale: No
HOA Y/N: N
Originating MLS: BRIGHT
Property Description
Formerly the "EL DORADO MOTEL", awaits for the right owner to re-open. Great opportunity for anyone looking to venture into the motel business, with the ability to live where you work. This property sits on almost 10 acres of land, which backs up to an additional conservation acres. The main building has an reception area, with 3 bedrooms & 1 bath for owner occupants. The motel has 24 1 Bedroom(approx.. 12x17sf) 1 Bathroom Motel Rooms. This property is being sold strictly "As-In" condition. Located just 13 miles from Avalon and shore points. Great investment opportunity for owner occupants, or anyone looking to own their own motel. Property has been vacant for multiple years, and would need to be fully renovated. Any change of use would require a variance from the township, but if approved, this could potentially be a great opportunity with endless possibilities!
Listing provided by Keller Williams Realty - Cherry Hill
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