200 Quay Boulevard

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200 Quay Boulevard

Brigantine, NJ 08203
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 apartment building located at 200 Quay Boulevard.
  • The property consists of two individual residential units.
  • Located in the coastal community of Brigantine, New Jersey.
  • Positioned within a reliable residential submarket in South Jersey.
  • Suitable investment for those seeking small-scale multifamily assets.

What's Special

Investors seeking to expand their residential portfolios in the coastal Brigantine market may find this two-unit apartment building at 200 Quay Boulevard a functional addition. Located within a community that serves as a popular destination for seasonal visitors and year-round residents alike, the property benefits from its proximity to the Atlantic shoreline and the broader economic stability of the South Jersey region. This multifamily asset provides a straightforward acquisition for those managing smaller residential footprints. The layout and scale of this apartment building suit a variety of rental strategies, whether targeting long-term tenants or seasonal vacationers common to the area. Situated within the Brigantine submarket, the site provides easy access to the regional infrastructure connecting to Atlantic City and the mainland. Operators looking for a manageable multifamily holding will find the site’s configuration appropriate for direct investment and ongoing asset oversight in a established residential environment.

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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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