Property offers a 13% Cap Rate and 90% Occupancy!
Zetabid is accepting offers on this asset in Atlantic City. Located in an opportunity zone and only a few minutes from the beach, this 42 room historic hotel has multiple redevelopment possibilities and is a true value add sale. There is an additional 3,500 SF of retail space on the ground floor as well. Please visit our Due Diligence Vault for additional details and financial information.
Listing provided by Michael Davin, Zetabid