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Hotel-Motel

Hampton Inn Atlantic City / Absecon

338 E White Horse Pike, Absecon, NJ 08201

Listing Price: $14,000,000

Cap Rate
8.20%
Number of Rooms
101
RevPAR
$84
Gross SF
135,907
Price/Room
$138,614
Price/Gross SF
$103.01
Year Built
2017

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn Atlantic City / Absecon, a four-story 101-room hotel located just next to U.S. Route 30 at 338 East White Horse Pike, Absecon, New Jersey. The hotel is located just nine miles from Atlantic City’s world-famous Casinos, boardwalk, and the convention center. Restaurants, shops, and local businesses surround the hotel, including Atlantic City International Airport and Stockton University. Hotel amenities include: complimentary WiFi, indoor pool, business center, meeting rooms, laundry facility, and elevators. Guest rooms feature a mini refrigerator, microwave, television, desk, and coffee maker.

Investment Highlights

  • Conveniently Located Next to U.S. Route 30
  • Six Miles to Atlantic City International Airport
  • Proximity to World-Famous Casinos: Atlantic City Casinos Up 31% from a Year Ago
  • Demand Generators: Annual LPGA Tournament, Stockton University, Atlantic City Aquarium, Steel Pier, Blue Heron Pines Golf Club
  • Atlantic City is Finalist to Become New Jersey's 2022 Destination of the Year

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (201) 742-6100

    License(s) NJ: 1434917

    New Jersey

Financing By

  • Jordan Ray

    Senior Managing Director Capital Markets

    Direct:

    Email Jordan

    License(s): CA: 02135495

    West Los Angeles, CA

Hotel-Motel

Hampton Inn Atlantic City / Absecon

Listing Price: $14,000,000

Cap Rate
8.20%
Number of Rooms
101
RevPAR
$84
Gross SF
135,907
Price/Room
$138,614
Price/Gross SF
$103.01
Year Built
2017

Investment Highlights

  • Conveniently Located Next to U.S. Route 30
  • Six Miles to Atlantic City International Airport
  • Proximity to World-Famous Casinos: Atlantic City Casinos Up 31% from a Year Ago
  • Demand Generators: Annual LPGA Tournament, Stockton University, Atlantic City Aquarium, Steel Pier, Blue Heron Pines Golf Club
  • Atlantic City is Finalist to Become New Jersey's 2022 Destination of the Year

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn Atlantic City / Absecon, a four-story 101-room hotel located just next to U.S. Route 30 at 338 East White Horse Pike, Absecon, New Jersey. The hotel is located just nine miles from Atlantic City’s world-famous Casinos, boardwalk, and the convention center. Restaurants, shops, and local businesses surround the hotel, including Atlantic City International Airport and Stockton University. Hotel amenities include: complimentary WiFi, indoor pool, business center, meeting rooms, laundry facility, and elevators. Guest rooms feature a mini refrigerator, microwave, television, desk, and coffee maker.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (201) 742-6100

    License(s): NJ: 1434917

    New Jersey

Financing By

  • Jordan Ray

    Senior Managing Director Capital Markets

    Direct:

    Email Jordan

    License(s): CA: 02135495

    West Los Angeles, CA

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