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$1,200,000 For Sale

899 Corkery Lane
Monroe, NJ 08094



Commercial: Retail - MLS# 1924071
Property Photo
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Description

GREAT INVESTMENT OPPORTUNITY!! A MOTEL WITH 21 ROOMS SIT ON A 3.2 ACRE LAND. BACK OF THE MOTEL ARE LOTS NEWLY BUILT 1 FAMILY HOUSES. SELLERS SPENT $200, 000 FOR CITI WATER AND SEWER ALREADY IN THE MOTEL AREA LAST YEAR. $2500 NEW POLE LIGHTS. NEW LED LIGHT SELLERS SPENT $6500. TWO NEW BREAKER PANELS WERE INSTALLED BY SELLERS PAID AROUND $12000. AROUND $23000 WAS SPENT ON CLEARING ALL THE TREES AROUND THE MOTEL. $30, 000 SELLER SPENT ON REPAIR, LANDSCAPING & TRASH REMOVAL.MANAGER APARTMENT. 14 ROOMS WITH KITCHEN. 6 ROOMS WITH REFRIDGERATORS AND MICROWAVES. TWO CAR PORTS AND STORAGE BUILDING.ROOF ABOUT 2-3 YEARS OLD. EVERY ROOM HAS WALL UNIT HEAT AND AC. ALL NEW ELECTRIC AND NEW PLUMBING. MOTEL IS VERY HOMEY STYLE. SELLERS INSTALLED KIDS PLAY GROUND THERE. ACROSS FROM MOTEL HAS NEWER CONSTRUCTION HOMES. NICE AREA!! BY APPOINTMENT ONLY! A MUST SEE!!! (NOTE: RIGTH NEXT TO THE MOTEL THERE IS A 4 FAMILY FOR SALES SIT ON 10.2 ACRE LAND. IT CAN BE PURCHASE AS A PACKAGE TOTAL UP 13.4 ACRES)

Features

  • County/Area: Gloucester County
  • Heat/Cool: Electric, Gas, Win/Ac
  • Listing Status: Active
  • Property Type: Commercial
  • Rent Includes: O/See Rmrks
  • Sub Type: Retail
  • Utilities: O/See Rmks, Sep Elec, Sep Gas, Sep Heat
  • Zip Code: 08094

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