2090 6th Street

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2090 6th Street

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).

  • Multifamily asset containing two individual apartment units for sale.
  • Located at 2090 6th Street in the borough of Avalon.
  • Property situated in the 08202 zip code of New Jersey.
  • Coastal market with high demand for residential rental space.
  • Managed size allows for versatile long-term or seasonal investment strategies.

What's Special

This two-unit apartment building at 2090 6th Street presents a multifamily investment in Avalon, New Jersey. The property occupies a coastal location in a region characterized by its seasonal tourism and steady demand for residential rentals near the Atlantic shoreline. Investors often target such assets in this submarket to capitalize on the consistent interest from both long-term residents and seasonal occupants drawn to the local beaches and community amenities. Given the small-scale configuration of these two units, the property functions well as a manageable addition to a portfolio or as an owner-occupant arrangement. The structure benefits from its position within a well-established borough known for its quiet residential character and proximity to major regional roadways that connect residents to surrounding Cape May County hubs. The asset provides a straightforward opportunity for those looking to acquire real estate in a supply-constrained coastal environment where multifamily housing serves a diverse population of tenants and vacationers alike.

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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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