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201 98th Street, Stone Harbor, NJ - ACTIVE
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For Sale: $3,995,000
Beds:     Baths:     Half Baths:
Type: Motel
    DOM: 83 Days     MLS: 260163
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PROPERTY DESCRIPTION
Rare Opportunity Profitable Motel with Development Potential in Stone Harbor, New Jersey An exceptional opportunity to acquire a well-established, income-producing motel in the heart of Stone Harbor, one of New Jersey s most exclusive and supply-constrained shore markets. Known for its pristine beaches, upscale atmosphere, and loyal repeat visitors, Stone Harbor continues to command strong seasonal demand with very limited commercial inventory. The property has a proven track record of strong occupancy and consistent cash flow, supported by repeat clientele and peak summer performance. Its prime location offers easy access to the beach, downtown shopping, dining, and local attractions ensuring continued operational success in the near term. In addition to its current profitability, the property presents a compelling redevelopment or repositioning opportunity. Given Stone Harbor s high land values, strict zoning, and limited availability of developable sites, the property may offer significant long-term upside for a buyer seeking to enhance value through renovation, expansion (subject to approvals), or alternative use. The combination of immediate income and future development potential makes this asset particularly attractive to both investors and developers. Offered as a turnkey operation with meaningful upside, this is a rare chance to secure a strategically located property in one of the Jersey Shore s most desirable and tightly held markets.
AMENITIES
  • Heating:Electric 
  • Conventional 
  • Off Street 
  • One Per Unit Motel/Hotel 
  • Heater:Electric 
  • Cooling:Central Air Conditioning 
  • Cooling:Multi-Zoned 

Request Property Information - 201 98th Street, Stone Harbor NJ

 Bedroom(s)   |    Bathroom(s)   |    For Sale: $3,995,000   |   MLS Number: 260163  |
  Property Type: Motel
Provided by: Monihan Realty - www.monihan.com

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© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Monihan Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.

Grace Realty - Ocean City New Jersey
3201 Central Avenue, Ocean City New Jersey Footer Line 717 Battersea Road, Ocean City New Jersey
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