1739 Dune Drive

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1739 Dune Drive

Avalon, NJ 08202
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The multifamily asset is located at 1739 Dune Drive
  • This apartment building comprises two residential units total
  • Located within the coastal market of Avalon New Jersey
  • The property is currently being offered for sale
  • The asset is suitable for diversified real estate investment portfolios

What's Special

Avalon maintains its status as a premier destination along the Jersey Shore, characterized by stable coastal demand and a robust seasonal economy. Situated on Dune Drive, this multifamily asset occupies a key position within the local market. The property consists of two distinct residential units, providing a manageable scale for investors seeking a foothold in this established barrier island community. This apartment building is suitable for long-term rental income strategies or as a strategic addition to a residential portfolio in a high-demand coastal submarket. The configuration supports versatile tenant demographics, ranging from seasonal occupants to year-round residents attracted to the lifestyle and amenities of the region. Given the physical constraints and regulatory environment of the local real estate landscape, small-scale multifamily assets in this area consistently draw interest from those looking to secure property in an area with limited new development potential.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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