120 E Schellenger Avenue

Wildwood 08260

$90,000 Active
3,360 Sq Ft
Motel Type
1960 Year built
#260300 MLS

Description

Exceptional Income-Producing Opportunity in the Heart of Wildwood! available for Seasonal Rent at $90,000, offering flexibility for operators or investors evaluating multiple revenue strategies. March 15- October 15 . The current set up will allow for income over $130,000 per season, demonstrating the property’s exceptional earning power. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you’re looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood. Available for Sale or Lease purchase also .

Property Details

Property type
Motel
Year built
1960
Price / sq ft
$27 / sq ft

Lot Information

Lot dimensions
40X100
Zoning
PARZ

Location

Area
Wildwood
Town
Wildwood
ZIP
08260
Interested in this property? Shore Points Realty can represent you as your buyer's agent — contact us to arrange a showing.

Listing is provided by KELLER WILLIAMS REALTY - Washington Twp. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

Listing information is deemed reliable but not guaranteed. All measurements are approximate.