Rare investment opportunity in Ocean City, Maryland! This unique four-parcel package includes three income-producing properties and an additional waterfront canal parking lot, all being sold together. The portfolio features the Crystal Sands Motel, a 25-room ocean-block motel on 17th Street, just a short walk to the beach and famous Ocean City Boardwalk, along with two 7-unit apartment buildings located at 609 Philadelphia Avenue and 205 11th Street in downtown Ocean City. The motel offers onsite parking, with additional parking available at the nearby canal-front lot. All buildings have been well maintained, upgraded, and are currently income-producing. This diverse portfolio offers investors the opportunity to own a combination of motel and multifamily assets in one of the East Coast’s most popular vacation destinations. Conveniently located near the beach, Boardwalk, and downtown attractions, this is a unique opportunity to acquire multiple established income-producing properties in one package.
Listing courtesy of Coastal Life Realty Group LLC. Contact: