VACATION LIKE KINGS

VACATION LIKE KINGS
GATES AT THE INLET IS CONVERTING TO COOPERATIVE RESIDENCES
5 OCEAN AVE. POINT PLEASANT BEACH, NJ 08742
732-899-5760//201-945-6465
WWW.GATESATTHEINLET.COM

OWN A PIECE OF THE EXCITING HOSPITALITY INDUSTRY BY INVESTING IN A SHARE OF THE GATES. INVESTORS CAN PURCHASE A UNIT FOR AS LOW AS $100K. FOR A GREAT PRICE YOU CAN NOW OWN AND ENJOY YOUR OWN SPECIAL PLACE AT THE JERSEY SHORE.

GATES AT THE INLET IS LOCATED IN POINT PLEASANT BEACH, NEW JERSEY, A HOTBED FOR NEW JERSEY REAL ESTATE INVESTMENTS, THE CO-OP IS STRATEGICALLY LOCATED JUST ACROSS FROM THE BEACH AND HARBOR INLET.

A GROWING TREND
“CO-OPERATIVE LIVING TODAY IS THE BEST ECONOMIC CHOICE FOR VACATION AND SECONDARY RESIDENCES THAT EXIST. A REAL ESTATE VENTURE THAT’S ATTRACTING PRIVATE INVESTORS WHO WANT A GREAT VACATION SPOT OR SECOND HOME!, AS A VALUED CUSTOMER, WE WOULD LIKE TO EXTEND THIS VERY SPECIAL INSIDER’S PRICE FOR EACH UNIT. THIS OFFER WILL BE AVAILABLE UNTIL MEMORIAL DAY WEEKEND, SO CALL SOON TO VIEW YOUR UNIT OF CHOICE. UNITS RANGE FROM COMPLETELY FURNISHED STUDIO RESIDENCES WITH OUTDOOR EATERY TO LUXURY 1,200 SQ. FT. APARTMENTS OVERLOOKING THE OCEAN, WRAP AROUND DECKS, FULL KITCHEN, LARGE LIVING ROOM WITH BATHROOM AND POWDER ROOM. EACH UNIT INCLUDES ONSITE PRIVATE PARKING.

COOPERATIVE LIVING
Purchasing a co-op is a very common and popular option for ownership of real estate. The option of purchasing co-ops often result in lower prices compared to condos, which can present a more cost-effective residential solution.
Cooperatives are owned by a coalition that sells "shares" of the residence which entitle the "owners" to a long-term proprietary lease. The corporation itself pays the total building mortgage, real estate taxes, internal employee salaries and building maintenance. The owner/shareholder then pays a percentage of these expenses based upon the value of the shares owned. These shares are commonly dictated by the size and floor position of the apartment unit. In the case of “Gates at the Inlet” owners will share a 1/9th Ownership of the property including their individual unit.
When you purchase a co-op apartment you are subject to the building's Board of Directors, which reserves the right to approve or reject a prospective buyer’s ownership. In turn, the Board is responsible for protecting the interests of all the shareholders, as well as maintenance of the building’s upkeep, service and security.
Upon purchasing a co-op at The Gates, you may be able to take advantage of numerous tax deductions, therefore will we provide a comprehensive material from the Board relative to the building’s tax structure.
Rules and regulations of co-op ownership can vary greatly, therefore upon your interest in owning a share of The Gates a comprehensive “Rule Book” for each potential residence will answer any questions you may have about your rights as a future tenant.


CONTACT US AT 732-899-5760 OR GATESATTHEINLET@YAHOO.COM