Buy & Hold

Cape May AirBnB - Walk to beach

225 Grant St Cape May, New Jersey 08204

9 Bedrooms | 6 Bathrooms

3,085 Sq/Ft

Asking Price
$2,749,000
Financing Options
Total Buyout
People Needed To Purchase
10
Potential return on investment (ROI)
8%

Property Description:

9 Bedroom/5.5 Bathroom bright Victorian beach house. Lots of off street parking to go along with a great location, close to the beach. Just two blocks to Congress Hall and three short blocks to the Washington Street Mall. A very popular summer rental property offering a private rear deck for outside dining and a sun deck off of the third floor, which catches ocean breezes all summer long. An exceptionally well maintained and modernized structure still with all of it’s original, historic charm. Enjoy sitting in your rocking chair on the front porch, with a view of lifeguard headquarters on the Grant Street beach. Or, a family dinner with seating for eighteen at the table. Or, a back yard barbecue with horseshoes after a long day at the beach. No matter how large your family is, you’ll be comfortable and have lots of fun in your personal retreat at Surfside Cottage.

Deal Description:

Cape May is the oldest resort town in America. With a rich history in short term rentals. Owning a place blocks away from the beach in the nicest town in New Jersey, and running it as a 9 bedroom Airbnb will do well all year round. Not just in the spring/summer.

Total Price: $2,749,000

$574,900 Raised out of $2,749,000

2

Unique
Contributors

$274,900

Minimum contribution
per person

10

People Required
For Purchase