$3,250,000
( )
 $17,447 est/mo Sourced by Back At You

20902 Coastal Hwy , Rehoboth Beach, DE 19971

Rehoboth Beach, DE 19971

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Description

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 today’s 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.

Details

MLS#DESU2074058
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2000
Days On Site128
Listing Provided ByMonument Sotheby's International Realty | BLAIR CHERICO

Features

ZoningC-1
Acreage0.68

Market Activity 19971

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Learn More About This Property

StateDE
CountySussex
CityRehoboth Beach
Zip Code19971
AreaLewes Rehoboth Hundred
Community NamePoynters Addition
School DistrictCape Henlopen
Listing VS Median (In Poynters Addition)
Price:
$3,250,000
low | high
Med:
$0
On site:
128
low | high
Med:
Sourced by Back At You
Listing Updated: February 18, 2025 at 11:29:25 AM PST