Listed by Keller Williams Realty West Monmouth
$4,600,000
Inn At Atlantic City Hotel & Banquet
Details
Property Type Hospitality
Sub Type Hotel, Motel
Units 102
Occupancy 70%
Brand/Tenant Inn At Atlantic City Hotel & Banquet
Year Built 1987
Year Renovated 2022
Stories 3
Acreage 4.460
Zoning CH
Parking Spaces 102 spaces
Investment Type Owner/User
1.3 MM Revenue- 102 Keys -Full Service- Banquet Hall - Restaurant - 3K Rent Extra income
Marketing description
- Strong regional demand drivers including Atlantic City casinos, beaches, boardwalk attractions, Stockton University, healthcare facilities, airport traffic, and business travelers.
- On-site restaurant operation provides additional income potential and enhances guest experience.
- Property amenities include outdoor swimming pool, free parking, Wi-Fi, guest laundry, banquet facilities, elevators, and meeting rooms.
- High-visibility location with excellent frontage and accessibility along one of Atlantic County's primary commercial corridors.
- Positioned within an established hospitality corridor surrounded by national and independent hotel operators, including Fairfield by Marriott Inn & Suites Atlantic City Absecon, Hampton Inn Atlantic City/Absecon, and Holiday Inn Express & Suites Absecon-Atlantic City Area.
- Convenient location approximately nine miles from Atlantic City International Airport and minutes from Atlantic City's entertainment, gaming, convention, and tourism destinations.
- Attractive opportunity for owner-operators, hospitality groups, and investors seeking a value-add hotel asset in the Atlantic City lodging market.
- Potential upside through operational improvements, revenue management strategies, banquet expansion, and property enhancement programs.
Investment highlights
- Opportunity to acquire a full-service hospitality asset featuring hotel accommodations, banquet facilities, meeting space, and food & beverage operations.
- Strategically located along the heavily traveled White Horse Pike (US Route 30), providing direct access to Atlantic City, Atlantic City International Airport, and the broader South Jersey market.
- Diversified revenue streams from guest rooms, banquet events, corporate meetings, weddings, social functions, group bookings, and restaurant operations.
- Approximately 2,800 SF of flexible meeting and banquet space capable of accommodating corporate events, weddings, conferences, and private gatherings.
Listing Contacts
Listed by Keller Williams Realty West Monmouth
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