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719 E 10th 301302303, Ocean City, NJ 08226

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For Sale

$969,900

3 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Condominium
    Property type

  • Pool
    Amenities

Explore this Property

Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout the summer, underscoring their popularity and potential for substantial returns. Positioned directly at the beach and boardwalk, the units offer breathtaking ocean vistas and convenient access to the pool. Distinguished from other units in the building, these residences feature a well-illuminated entry, forgoing the inconvenience of dim hallways. Seize the chance to invest in this fully furnished opportunity at Impala Suites in Ocean City, where prime location, luxurious amenities, and robust rental income potential converge seamlessly.
MLS# 241110

Courtesy Of COMPASS RE - Sic

(609) 263-8300

Property Features

  • Amenities
    Deck, Porch, Patio, Pool, Disabled Access, Elevator
  • Appliances
    Dishwasher, Garbage Disposer, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Central A/C
  • Heating Fuel
    Electric
  • Heating System
    Forced Air
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Kitchen, Living Room, Storage
  • View Type
    Water

Map and Directions

Directions to 719 E 10th 301302303, Ocean City, NJ 08226

Home seller CENTURY 21 Reilly Realtors

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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