Request More Info
Schedule a Showing
Share
Print
|
Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout the summer, underscoring their popularity and potential for substantial returns. Positioned directly at the beach and boardwalk, the units offer breathtaking ocean vistas and convenient access to the pool. Distinguished from other units in the building, these residences feature a well-illuminated entry, forgoing the inconvenience of dim hallways. Seize the chance to invest in this fully-furnished opportunity at Impala Suites in Ocean City, where prime location, luxurious amenities, and robust rental income potential converge seamlessly.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 4/18/2024 | Year Built | 0 |
|---|---|---|---|
| County | Cape May |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Refrigerator |
| CONSTRUCTION | Stucco |
| GARAGE | Attached Garage |
| HEAT | Electric, Forced Air, Heat Pump, Zoned |
| INTERIOR | Eat-in Kitchen, Elevator, Entrance Foyer |
| LOT | 0 |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Attached |
| SEWER | Public Sewer |
| TAXES | 7572 |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Gary Jessel to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Compass Real Estate-Sea Isle
Properties marked with the Broker Reciprocity icon are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database.
Real estate listings held by brokerage firms other than Fox Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information Deemed Reliable But Not Guaranteed. © 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.
Twitter
Facebook
Email