
The Seaport Inn
Project Details
500 Ocean Ave
North Wildwood, NJ
Project Type: Value-Add Business Acquisition
Year Acquired: 2022
Total Project Size: 10,000 SF
Use: Hospitality
Estimated Project Value: $3,300,000
This 21 Unit Motel was acquired as a value-add acquisition. Since acquiring the Isle of Capri, we have injected $1.1M in renovations to bring the property back to its former glory, and have rebranded the motel as the new Seaport Inn. In the off-season it has served as workforce housing for our subcontractors that are working on our ground-up new construction projects in the area. To book your summer accommodations, please visit us at seaportstays.com or email us at info@seaportstays.com.