Presented By: Monument Sotheby's International Realty
MLS# DESU2074058
11/14/2024
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SQFT • 10,899
Home Details
Exceptional Investment Opportunity in Rehoboth Beach! 36-Room Motel with High Occupancy Potential! This 36-room, pet-friendly motel sits on a prime location with 300 feet of C-1 road frontage along Route 1, giving it unparalleled visibility and access for travelers heading to the beach and nearby attractions. Located in one of the East Coast's most popular beach destinations, this motel attracts a steady stream of visitors, from beach-goers to business travelers, ensuring year-round occupancy.
Each guest room is designed for comfort and convenience, with essential amenities and a welcoming atmosphere for both guests and their petsa unique feature that appeals to todays pet-loving travelers. The property and rooms have been recently remodeled making this a low-maintenance, turnkey operation.
With its ideal location, strong curb appeal, and pet-friendly policy, this Rehoboth Beach property offers excellent revenue potential with room to grow and is an ideal acquisition for investors looking to expand their portfolio in the hospitality sector.
Presented By: Monument Sotheby's International Realty
Interior Features for 20902 Coastal Highway
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterTankless
General for 20902 Coastal Highway
Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeHotel/Motel
CityREHOBOTH BEACH
Construction MaterialsDryvit, Concrete
Cool FuelElectric
CoolingHeat Pump(s)
CountySUSSEX
DirectionsRt 1 South heading toward Dewey Beach. Hotel is located next to the Valero on The Mile.
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