Leigh Kelly - Coldwell Banker Hearthside
1507 Yacht Ave
Cape May, NJ 08204

$2,500,000

Description

A unique opportunity for developers and investors. The "Boatel" is located on one of the last parcels in the marina district. Overlooking South Jersey Marina offering 10 one bedroom units with wrap around decks and five boat slips. All apartments are currently rented on a month to month basis. A quick 10 minute boat ride to the bay and the ocean. Enjoy the cool breezes and beautiful sunsets from this water front property. Building is being sold "as is". All permits and approvals are the sole responsibility of the buyer.

Details

MLS#183822
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site73

Features

Story(s)1
Units10
ZoningR 5

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Area Information

StateNJ
CityCape May
Zip Code08204
AreaCape May
Listing VS Median (in 08204)
Price:
$2,500,000
low | high
Med:
$395,000
100% of Average
On Site:
73
low | high
Med:
232.5
31.397849462366% of Average
Listing Updated: 11/16/2018
MLS Number: 183822
Listing Provided By:
Mary Moore  of  COASTLINE REALTY LLC
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