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  • FOR SALE
    $969,900

    719 E 10th Street Unit 301, 302, 303 Unit 301, 302,
    Ocean City, NJ 08226

    Condo
    Residential
    3
    Beds
    3
    Baths
    N/A
    Acre Lot
    Courtesy: Compass Real Estate-Sea Isle
    Weichert> New Jersey> Ocean City> 08226
    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.
    584297
    Residential - Condo, Other
    3
    3 Full
    Cape May
    Public Water
    Stucco
    Public Sewer
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    The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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    Courtesy: Compass Real Estate-Sea Isle
    The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than Weichert Realtors 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.
    This content last refreshed on 5/1/2024 5:32 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
    Information is deemed reliable but is not guaranteed.