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899 Corkery Unit 3Washington Township, NJ 08094

Gloucester County

$1,700,000List price
1960Year built
3.00Acre lot
7 months agoOn market

Description

?? Property Description A rare opportunity to acquire a well-maintained 25-unit extended stay motel in the heart of Williamstown, NJ. Situated on 3 acres, this single-story hospitality property is fully operational with all units outfitted with full kitchens, ideal for long-term tenants. The property has historically maintained stable occupancy, offering an investor immediate cash flow and long-term value. ________________________________________ ?? Key Features • 25 Self-Contained Units – Each with kitchen, bathroom, and living area • 9,042 SF Building – Single-level layout for low maintenance and ease of access • 3-Acre Lot – Potential for expansion or redevelopment (subject to approvals) • Income-Producing – Stable long-term tenants with consistent rental revenue • Private Setting – Ample parking and green space, easy access to Route 322, AC Expressway, and surrounding commercial corridors • Utility Infrastructure – Individual HVAC units, metered utilities, on-site laundry (optional), private septic/well system (verify) ________________________________________ ?? Investment Highlights • Turnkey extended-stay motel operation • Positioned for stable cash flow with low management burden • Ideal for hands-off investors, 1031 exchange buyers, or owner-operators • Value-add opportunity via cosmetic upgrades or rent repositioning • Potential for alternative uses with township approval (e.g., RV park, workforce housing, transitional living)

Property Information

Property type
Commercial Sale
Year built
1960
Lot size
3.00 acres
Days on market
228
MLS® Listing#
605530

Property Features

Financial Details

Annual taxes
$19,975
South Jersey Shore Regional MLS logo

Listing Courtesy: GRACE PROPERTIES - 6094852262

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