Listed by Keller Williams Realty West Monmouth
$2,300,000
Seaside NJ Sands Inn -22 Keys -Revenue $450K
Details
Property Type Hospitality
Sub Type Motel
Square Footage 9,830
Keys 22
Cap Rate 9.78%
NOI $225,000
Occupancy 80%
Pro-Forma Cap Rate 10.00%
Price per SqFt $234
Class B
Year Renovated 2024
Stories 3
Lot Size (SqFt) 7,000
Zoning RB
22 Keys Luxury Motel - Seaside Sands Ins - $450k Revenue
Marketing description
- Luxury boutique-style motel with excellent guest reviews, well-positioned to command premium ADR and drive RevPAR growth.
- Located adjacent to the Economic Redevelopment Zone, benefiting from ongoing public and private investment in the area.
- Limited inventory of upgraded beach block motels creates long-term value and pricing power.
- Seaside Heights is undergoing significant revitalization, including major projects such as the Cabana Beach & Pool Club, boardwalk and beach enhancements, and new residential developments.
- Perfect opportunity for hospitality operators or investors seeking a stabilized, high-demand coastal asset with strong upside potential.
Investment highlights
- HS Hospitality Group of Keller Williams Realty West Monmouth, Freehold exclusively presents the Seaside Sands Inn — a fully renovated, luxury motel in a premier Jersey Shore location.
- Just steps from the beach, boardwalk, amusements, restaurants, and water park. Positioned at the entrance to Seaside Heights, capturing strong visibility and drive-in traffic.
- Recently renovated and operational, offering immediate cash flow with minimal additional capital required.
- Two buildings featuring 18 modern upscale rooms, including multiple double-queen and double-king layouts, plus:
- 2 large suites (sleeps up to 10 each)
- 1 Grande Suite (full apartment with 2 bedrooms, kitchen, living & dining areas)
- 1 studio apartment with kitchen
- Elegant vestibule and office with professional check-in area, comfortable lounge seating, on-site laundry, and off-street parking enhance guest satisfaction and operational efficiency.
Listing Contacts
Listed by Keller Williams Realty West Monmouth
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$225,000.00
$18,750.00/mo
Valuation Metrics
0
DSCR
9.78%
Cap Rate
9.78%
ROI
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