Unit 106 (Pet Friendly) - $119,000
Unit 304 - $109,500
Unit 310 - $88,000
Unit 331 - $108,900
Unit 401 - $130,000
Unit 408 - $146,500
The Marquis de Lafayette is a condo-tel, located at 501 Beach Ave. in Cape May. You own it like a condominium, but it is managed as a hotel by your board of directors, manager and in-house staff.
There is a usage policy requiring owners to rent their rooms as a hotel room. This is an investment property - you may use it per their usage policy, but you cannot furnish it yourself.
The building is located in the heart of Historic Cape May on the beachfront. Each condo-hotel room features relaxing private balconies overlooking the ocean, with breathtaking unobstructed views of the beautiful Cape May beaches and the Atlantic Ocean (Room 310 is on the rear of the building and has a water view).
Improvements include a new pool, updated restaurant, new pool bar with street access, new hot tub with waterfall feature, all with an elegant feel. Experience the relaxing resort-style amenities with in your ownership, including an outdoor heated pool, summer pool bar, restaurant, maid service, meeting rooms, fitness room, wireless internet, laundry room, parking, and none of the maintenance needed with property ownership.
The Washington Street Mall is two blocks away. You are surrounded by trendy restaurants, bars, and shopping with plenty of parking.
Interested in hands-free investment? Contact us today.
Coastline Realty is located at 941 Columbia Ave., Cape May, NJ 08204. For more information, call (609) 884-5005 or visit www.coastlinerealty.com