Listed by Keller Williams Realty West Monmouth
$2,750,000
Budget Inn & Suites - Mays landing - NJ
Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 11,464
Units 100
Cap Rate 7.65%
NOI $210,490
Occupancy 80%
Pro-Forma Cap Rate 10.91%
Pro-Forma NOI $300,000
Price per SqFt $240
Broker Co-Op No
Class C
Year Renovated 2024
Stories 1
Acreage 4.410
Parking Spaces 100 spaces
Parking per 1,000 SqFt 8.72
Investment Type Owner/User
Ground Lease No
Ownership Corporate
Budget Inn- 41 Keys - $630,000 Revenue
Marketing description
- The property is located approximately 20 minutes from Atlantic City, one of the largest tourism and gaming markets in the Mid-Atlantic region.
- Atlantic City attracts millions of visitors annually for: Casinos and gaming Beach tourism Conventions and events Entertainment and concerts
- This creates overflow lodging demand for budget and economy hotels located along key transportation corridors. High Traffic Corridor
- The property sits directly on Black Horse Pike (US Route 322), a major regional highway connecting:
- Atlantic City Philadelphia metropolitan area Southern New Jersey communities
- This corridor generates strong demand from: Road travelers Contractors Service workers Seasonal tourism traffic
Investment highlights
Opportunity for New Ownership With strategic management improvements, revenue optimization, and potential renovation or repositioning, Budget Inn & Suites presents an opportunity to enhance profitability while benefiting from the continued growth of the Atlantic County tourism and service economy.
✔ High visibility highway location
✔ Close proximity to Atlantic City tourism market
✔ Demand from contractors, airport activity, and university traffic www.hshotelgroup.com
✔ Value-add opportunity through operational improvements
✔ Strong drive-to regional travel market
Listing Contacts
Listed by Keller Williams Realty West Monmouth
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,490.00
$17,540.83/mo
Valuation Metrics
0
DSCR
7.65%
Cap Rate
7.65%
ROI
Map
Zoning
RD-5 PlannedRural Development
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 17 uses
View all 17 uses Last updated Feb 16, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
