Formerly the "EL DORADO MOTEL", awaits for the right owner to re-open. Great opportunity for anyone looking to venture into the motel business, with the ability to live where you work. This property sits on almost 10 acres of land, which backs up to an additional conservation acres. The main building has an reception area, with 3 bedrooms & 1 bath for owner occupants. The motel has 24 1 Bedroom(approx.. 12x17sf) 1 Bathroom Motel Rooms. This property is being sold strictly "As-In" condition. Located just 13 miles from Avalon and shore points. Great investment opportunity for owner occupants, or anyone looking to own their own motel. Property has been vacant for several years, and would need to be fully renovated. Any change of use would require a variance from the township, but if approved, this could potentially be a great opportunity for a sober-living, or assisted living, or similar usage where numerous beds are all on first floor...endless possibilities!
|Days On Site||28|
|Date||Sales||Avg $ Per SqFt||Min Sale Price||Max Sale Price||Med Sale Price|
|Date: Apr 2018||Sales: 1||Avg $ Per SqFt: $15.01||Min Sale Price: $22,900||Max Sale Price: $22,900||Med Sale Price: $22,900|
|Date: Feb 2018||Sales: 2||Avg $ Per SqFt: $56.9||Min Sale Price: $45,000||Max Sale Price: $116,900||Med Sale Price: $80,950|
|Date: Jan 2018||Sales: 13||Avg $ Per SqFt: $78.46||Min Sale Price: $34,000||Max Sale Price: $260,000||Med Sale Price: $75,000|
|Date: Dec 2017||Sales: 7||Avg $ Per SqFt: $71.73||Min Sale Price: $34,000||Max Sale Price: $125,000||Med Sale Price: $89,900|
|Avg $ Per SqFt:||$15.01|
|Min Sale Price:||$22,900|
|Max Sale Price:||$22,900|
|Med Sale Price:||$22,900|
|Avg $ Per SqFt:||$56.9|
|Min Sale Price:||$45,000|
|Max Sale Price:||$116,900|
|Med Sale Price:||$80,950|
|Avg $ Per SqFt:||$78.46|
|Min Sale Price:||$34,000|
|Max Sale Price:||$260,000|
|Med Sale Price:||$75,000|
|Avg $ Per SqFt:||$71.73|
|Min Sale Price:||$34,000|
|Max Sale Price:||$125,000|
|Med Sale Price:||$89,900|
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