Description
Beach Haven Gardens- The Harborside Motel- 10 room hotel that has consistently grossed over $200,000/yr in rental income. This property has tremendous upside potential. Currently each of the 10 rooms rent for $175/night and are booked all summer long as well as much of the shoulder season. With some updating and furnishing improvements this could easily surpass $250,000/yr in gross rental income. In addition to the hotel rooms this property has a 2 bedroom 1 bath owners quarters which would benefit an owner operator that wants to keep expenses and payroll low to maximize return. The motel sits on a 150 x 60 sq ft lot that provides ample parking (16 spots) and great visibility on Long Beach Blvd. Walking distance to multiple restaurants/bars, ice cream shops, miniature golf, and more!
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Beach Haven Gardens- The Harborside Motel- 10 room hotel that has consistently grossed over $200,000/yr in rental income. This property has tremendous upside potential. Currently each of the 10 rooms rent for $175/night and are booked all summer long as well as much of the shoulder season. With some updating and furnishing improvements this could easily surpass $250,000/yr in gross rental income. In addition to the hotel rooms this property has a 2 bedroom 1 bath owners quarters which would benefit an owner operator that wants to keep expenses and payroll low to maximize return. The motel sits on a 150 x 60 sq ft lot that provides ample parking (16 spots) and great visibility on Long Beach Blvd. Walking distance to multiple restaurants/bars, ice cream shops, miniature golf, and more!
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