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$ 900,000
Est. payment /mo
Price Dropped by $100K
1005 Black Horse Pike Hwy Folsom Borough, NJ 08094
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 595673
Style Motel
Annual Tax Amount $5,151
Tax Year 2024
Property Description
Discover the Green Terrace Motel, a truly exceptional and turnkey investment at 1005 Black Horse Pike in Folsom, NJ. This well maintained, 11-unit property has been significantly enhanced with multiple updates over the past two years, setting it apart in the market. Strategically positioned on a high-visibility stretch of Route 322, it captures attention in a bustling high-traffic corridor, mere minutes from the Atlantic City Expressway. The hard work is done; step into a fully operational and updated motel with a proven location for consistent returns.
Location
State NJ
County Atlantic
Community Folsom Borough
Area Folsom Borough
Interior
Heating Baseboard, Hot Water
Flooring Linoleum/Vinyl
Building
Sewer Private
Water Well
Listed by LEVIN COMMERCIAL REAL ESTATE, LLC
