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  • Price$1,200,000

899 Corkery Ln, Monroe

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)

Essential Information

  • MLS® #1924071
  • Price$1,200,000
  • TypeCommercial Sale/Lease
  • StyleOTHER
  • StatusACTIVE

Amenities

  • UtilitiesO/SEE RMKS, SEP ELEC, SEP GAS, SEP HEAT
  • Is WaterfrontYes
  • WaterfrontNONE

Additional Information

  • Date ListedMay 21st, 2019

Community Information

  • Address899 Corkery Ln
  • CityMonroe
  • CountyGLOUCESTER
  • StateNJ
  • Zip Code08094

Interior

  • HeatingELECTRIC, GAS, O/SEE REMK, WIN/AC

Listing Details

  • Listing OfficeElite Realty Group, Inc.
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NJMLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rosa Agency, Inc are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 09/17/2019.

Source: New Jersey Multiple Listing Service, Inc.

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