$3,000,000
For Sale

175 S Tennessee Ave Avenue

Atlantic City, NJ 08401
Type:Purchase
Structure:Land
Zone:Residential

Description

A very rare opportunity to own a beachblock property with a long term land lease in place. Land lease tenant is the Super 8 Hotel along with certain parking lots. Lease is NNN and this is a prime investment for a 1031 exchange buyer. The addresses being sold are: 175, 181 and 187 South Tennessee Ave and 140, 142, 150, 154 and 158 South Ocean Avenue. For additional information feel free to call listing agent.

  • Property Details
      • Lot Description21-23 35-39
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • School District54
  • Other
      • MLS #589171

Location

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00