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4 Motels Go to auction Dec, 6th 609-705-9143

4 Motels Go to auction Dec, 6th 609-705-9143 4 Motels Go to auction Dec, 6th 609-705-9143 4 Motels Go to auction Dec, 6th 609-705-9143

4 Motels Go to auction Dec, 6th 609-705-9143

4 Motels Go to auction Dec, 6th 609-705-9143 4 Motels Go to auction Dec, 6th 609-705-9143 4 Motels Go to auction Dec, 6th 609-705-9143

🚀 Market Opportunity Acquire One or All 4 Motels Go To Auction December 6 - 10:am to 4:pm

  4 Motels Go To Auction Sat. December 6th From 10:am- 4:pm🚀 Market Opportunity Buy One Buy All
💼 Investment Type: Hospitality / Redevelopment / Mixed-Use / Extended Stay

💰 Starting Bid $999,000 per property

AUCTIONS WILL TAKE PLACE ON-SITE AT EACH PROPERTY

🚀 Market Opportunity

This is a strategic opportunity to establish a dominant presence in the Atlantic County hospitality market—acquire one or all 4 properties and be fully operational before peak summer demand. Position yourself to capitalize on the resurgence of tourism and transitional housing demand in the Atlantic City region. With this portfolio, you can control key corridor assets in one transaction.

All information is deemed reliable but not guaranteed and should be independently verified.

Auction Package 4 mOTELS

4 Motels Go To Auction Sat. December 6th From 10:am- 4:pm🚀 Market Opportunity

545 E Absecon Blvd, Absecon NJ 08201 Auction on site @10:am

Casino Inn starting bid $999,999.00

Auction on site @10:am

Casino Inn – Development      Opportunity on 5.2 Acres
📍 545 E Absecon Blvd, Absecon, NJ 08201

 💰 Starting Bid $999,000.00
 🛌 Units: 28 + 3,000 SF 4BR/3BA Owner’s Suite
🛏️ Lot Size: 5.2 Acres
🏢 Zoning: Commercial

🔸 Property Overview: In download below

Casino Inn Info Package
300 e Absecon Blvd, Absecon NJ 08201 Auction on site @12:pm

Executive lodge STARTING BID $999,999.00

  Executive Lodge – Fully Renovated      Turnkey Asset
📍 300 E Absecon Blvd, Absecon, NJ 08201

Starting Bid $999,000.00
🔑 Block 173, Lot 11
💰 Cap Rate 15%
🛌 Units: 24
📀 Building Size: ~9,500 SF (plus ~2,800 SF finished basement)
🛏️ Lot Size: 0.72 Acres
🏢 Zoning: Commercial 

Poperty Details in Link Below

Executive lodge Info Package
739 S 2nd Ave, Galloway, NJ 08205 Auction on site 2:pm

Relax Inn – Turnkey 24-Unit STARTING BID $999,999.00

739 S 2nd Ave, Galloway, NJ 08205
💰 Starting Bid $999,000.00
🛌 Units: 24
📀 Building Size: ~17,000 SF
🛏️ Lot Size: 1.05 Acres
🏢 Zoning: Commercial Hospitality Use (verify with township)

🔸 Property Overview:  Details in The link below

RELAX INN Package
200 E White Horse Pike, Galloway, NJ Auction on site @ 4:pm

Economy Motel – Budget-Friendly Lodging Near Atlantic City

  📍 200 E White Horse Pike, Galloway, NJ 08205
💰 Starting Bid $999,000.00
🛌 Units: 20
📀 Building Size: 8,125 SF
🛏️ Lot Size: 0.43 Acres
🗓️ Year Built: 1986
🏢 Zoning: CH – Commercial Highway
📈 2024 Tax Assessment: $520,000

🔸 Property Overview:  

Property Details in Link Below

ECONOMY Info Package

Terms & Conditions — Real Estate Auction

  

Eligibility to Bid-

  • Sale subject to Seller acceptance.
  • Bidder must: (i) read and sign these Terms, (ii) present verification of $25,000 in available funds, and (iii) present valid government ID.
  • Highest bidder must, at the auction site:
  • execute the Agreement of Sale; and pay a $25,000 deposit by cash, certified check, cashier’s or treasurer’s check, payable to the Title Company/Escrow Agent or Cash.
  • Bring total deposit to 10% of the purchase price within 72 hours by certified funds or wire to the Title Company/Escrow Agent.
  • Balance of the purchase price, plus adjustments, due by certified funds or wire on or before 45 days after Agreement signing, at the Title Company’s office unless otherwise agreed in writing. Time is of the essence.

Title and Deed- Seller to convey by Bargain and Sale Deed in recordable form. Buyer pays recording fees.

  • Real estate taxes prorated at closing.
  • Property sold “AS IS, WHERE IS.” Auctioneer makes no representations regarding deed or deed restrictions, title, zoning, surveys, condition, or taxes.   All bidders must conduct their own due diligence. Marketing materials are      informational only.

Default-

  • If Buyer fails to close or otherwise breaches, Auctioneer may declare default and retain all deposits as liquidated damages.
  • If Seller cannot convey title, Buyer’s sole remedy is return of deposit; both parties are released from further obligations.

Transaction broker- The auctioneer/broker acts as a transaction broker. Neutral facilitator. No agency or fiduciary duties arise absent a separate signed agency agreement.

  • Present bids and offers, transmit documents, and coordinate process through closing.Exercise reasonable skill and care, deal honestly and fairly, and account for escrowed funds. Disclose known material     facts that adversely affect the property and are not readily observable.  No advocacy of price or terms for either party.
  • No verification of condition, dimensions, zoning, title, or compliance.
  • No legal, tax, accounting, engineering, or environmental advice.

· Confidentiality Price/terms motivation and other confidential information remain confidential unless authorized, required by law, or necessary to prevent fraud. Public or readily discoverable information is not confidential.

Compensation Buyer’s Premium 10% Buyer’s Premium payable to AC AUCTIONS LLC at settlement.

  • These Terms are incorporated into and form part of the Agreement of Sale executed after the auction.

Terms & Conditions — Real Estate Auction

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Charging On 2.5% Commission to Sellers.  Why Pay More For Less

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See What People Are Talking About.  Call Ac Auctions Realty @ 888-391-4303 or call The Auctioneer Robert Salvato Directly 609-705-9143

Our Auction Services Include Real Estate Commercial & Res.

Real Estate Done Right/ Why Pay More For Less 2.5 % Commision

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