224 E White Horse, Galloway, NJ 08205

$4,200,000

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List Price
$4,200,000
Status
COMING SOON
Type
Commercial
MLS#
22628905
Region
Galloway (GAL)
Year Built
1987

Property Description

Opportunity to acquire a full-service hospitality asset 102 Keys - $1.3 MM Revenue- featuring hotel accommodations, banquet facilities, meeting space, and food & beverage operations. '' Strategically located along the heavily traveled White Horse Pike (US Route 30), providing direct access to Atlantic City, Atlantic City International Airport, and the broader South Jersey market. '' Diversified revenue streams from guest rooms, banquet events, corporate meetings, weddings, social functions, group bookings, and restaurant operations. '' Approximately 2,800 SF of flexible meeting and banquet space capable of accommodating corporate events, weddings, conferences, and private gatherings. Opportunity to acquire a full-service hospitality asset featuring hotel accommodations, banquet facilities, meeting space, and food & beverage operations. Strategically located along the heavily traveled White Horse Pike (US Route 30), providing direct access to Atlantic City, Atlantic City International Airport, and the broader South Jersey market. Diversified revenue streams from guest rooms, banquet events, corporate meetings, weddings, social functions, group bookings, and restaurant operations. Approximately 2,800 SF of flexible meeting and banquet space capable of accommodating corporate events, weddings, conferences, and private gatherings. Strong regional demand drivers including Atlantic City casinos, beaches, boardwalk attractions, Stockton University, healthcare facilities, airport traffic, and business travelers. On-site restaurant operation provides additional income potential and enhances guest experience. Property amenities include outdoor swimming pool, free parking, Wi-Fi, guest laundry, banquet facilities, elevators, and meeting rooms. High-visibility location with excellent frontage and accessibility along one of Atlantic County's primary commercial corridors. Positioned within an established hospitality corridor surrounded by national and independent hotel operators, including Fairfield by Marriott Inn & Suites Atlantic City Absecon, Hampton Inn Atlantic City/Absecon, and Holiday Inn Express & Suites Absecon-Atlantic City Area. Convenient location approximately nine miles from Atlantic City International Airport and minutes from Atlantic City's entertainment, gaming, convention, and tourism destinations. Attractive opportunity for owner-operators, hospitality groups, and investors seeking a value-add hotel asset in the Atlantic City lodging market. Potential upside through operational improvements, revenue management strategies, banquet expansion, and property enhancement programs.

Additional Information

Acres
4.46
Zoning
Commercial
Taxes
$98,310
Subtype
Commercial
Year Built
1987
Roof
Asphalt
Parking Driveway
On Site
Stories
3
Electric
110 Volt, 220 Volts

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Listing courtesy of Keller Williams Realty Freehold. Contact: