The Diamond Crest Motel – Wildwood Crest, NJ
AVAILABLE: Rarely available and prime boutique property for sale at the Jersey Shore. This Hotel recorded a record revenue and NOI during Covid of $286,000 Per Year. This area continues to increase in value, as rooms in Avalon, NJ and Cape May, NJ average $600-$900 per night.
DIAMOND CREST MOTEL
- 54 rooms total (Including owners quarters)
- 10 king Rooms – 4 oceanfront – studios. 2 have kitchens
- 43 2 room suites – 36 have kitchens. 8 without.( double bed and pullout sofa in front living room with double bed)
- New roof
- New swimming pool
- Oceanfront views
- Children’s playground across the street
- Thriving jersey shore community
- A rare gem available
POF will be required for any due diligence and financial documents. Owner is fairly firm on asking price. Serious inquiries only.
This is a terrific opportunity for the right investor and operator.
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