142 S Tennessee Ave, Atlantic City, NJ 08401

Asking: $ 1,359,900

Description

42 Room Historic Hotel - Atlantic City, NJ

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

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