Hotel Wave

Premier Coastal Investment Opportunity

• Located in the heart of Rehoboth Beach, Hotel Wave offers investors a rare opportunity to acquire a 49-room hospitality asset on ±2.15 acres in one of Delaware’s most desirable coastal markets. Its Airport Road location provides convenient access to Rehoboth Beach’s tourism drivers, dining, retail amenities, and coastal attractions, supporting continued hospitality use or future repositioning potential.
• The property benefits from its proximity to Rehoboth Beach's renowned attractions, including the Boardwalk, Tanger Outlets, tax-free shopping, restaurants, and entertainment destinations that draw millions of visitors annually. Guests enjoy convenient access to the beach while remaining close to major transportation corridors serving the greater Delmarva Peninsula and Mid-Atlantic region.
• With limited opportunities to acquire hospitality properties with expansion approvals in the Rehoboth Beach market, Hotel Wave represents an attractive investment for owners seeking both current operating income and long-term value creation in one of the East Coast's most established beach destinations.
• Owner-operated for more than 12 years
• Financial information available upon execution of a Non-Disclosure Agreement (NDA)

Capital Improvements

• $1mm+ Renovation Completed (2022): New flooring throughout New furniture package Updated lobby Guestroom modernization New decorative lighting 50" televisions New bathroom vanities Exterior repainting Renovated common areas New suite conversion