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1221 East Shore Drive
Brigantine, NJ 08203
Asking Price
$1.45M
Asset Type
Residential Mixed-use
Class
Class B
What's Special
Mixed Use Residential/Marina up to 10 slips <p>Mixed use Marina site close to Atlantic City Casinos. Can be used for residential or mixed use commercial NJ DEP Approvals for 10 boat slips and kayak/pwc docks. Could be used as a great Air bnb location or mixed use commercial restaurant/private club upon municipality approval. 10ft bulkhead cleared land with clean fill ready to develop.</p><p></p><p>Listed Price is for Lot 3 ONLY !!!</p><p></p><p>All 3 lots may be purchased as a package.</p><p></p><p>Images may have been digitally altered t
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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.39%
Monthly Payment
$7,168.861
Annual Cash Flow
$-6,026.337