1507 Yacht Ave, Cape May, NJ 08204

A unique opportunity for developers and investors. The "Boatel" is located on one of the last parcels in the marina district. Overlooking South Jersey Marina offering 10 one bedroom units with wrap around decks and five boat slips. All apartments are currently rented on a month to month basis. A quick 10 minute boat ride to the bay and the ocean. Enjoy the cool breezes and beautiful sunsets from this water front property. Building is being sold "as is". All permits and approvals are the sole responsibility of the buyer.