$795,000

28 S Georgia

Atlantic City NJ, 08401

Description

Casino Hotel offers a great investment opportunity in the heart of up and coming Atlantic City. This property is suitable as a Bed & Breakfast or condo building! It is at full occupancy and has great rental history. The building includes 48 rooms to rent, 6 hall bathrooms, and two rooms with ensuite bathrooms. The first floor features six rentable rooms, two bathrooms, a community kitchen, and laundry room with two coin operated washers & a dryer. The second floor offers one hall bathroom and 13 rooms. The third floor has two hall bathrooms and 12 rooms and the fourth floor has one hall bathroom and 17 rooms. Every room includes a TV with basic cable and a mini fridge. There is also a sizable backyard. Hotel Cassino is located behind Convention Hall and steps away from Tropicana, Caesar's, the beach & boardwalk, and the Tanger outlets.

Details

MLS#530828
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site467

Features

Units50
Building(s)1
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Area Information
StateNJ
CountyAtlantic
CityAtlantic City
Zip Code08401
AreaAtlantic City
Listing VS Median (in 08401)
Price:
$795,000
low | high
Med:
$134,900
100% of Average
On Site:
467
low | high
Med:
192
100% of Average
Sourced by Back At You
Listing Updated: March 3, 2021 8:08:08 PM PST
MARK ARBEIT LogoMLS Number: 530828
Listing Provided By:
MARK ARBEIT  of  MARK ARBEIT AND CO
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