CAPE MAY COUNTY, NJ — Procision Business Brokers, a division of Procision Commercial Realty, represented the owner in the recent sale of the 34-unit Cabin City Motel in lower Cape May County. Positioned just outside of Cape May, the year-round business is ideally situated on the corner of Route 9 and Ferry Rd. in Lower Twp. This unique property consists of a 2-story Motel as well as numerous Cabins of various sizes, ranging for efficiency cabins to one, two and three bedroom units. Amenities include a swimming pool, picnic area, charcoal grills, Wi-Fi and pet friendly rooms.
Carol Menz, broker / owner of Coastline Realty of Cape May represented the buyer, Cape Cottage Inn. As quoted by Carol, “Cabin City was a great opportunity for my client to purchase a cash flowing asset that has significant upside due to its close proximity to historic Cape May and the Cape May Ferry.” Located just off the southern most point of the Garden State Parkway and on a highly visible corner, the property benefits from the year-round Ferry traffic that pass it in connecting to and from the Garden State Parkway.