204 N Wildwood Road

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204 N Wildwood Road

Cape May Court House, NJ 08210
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 available for purchase at 204 N Wildwood Road
  • Asset consists of two residential rental units for potential income
  • Located in the central hub of Cape May Court House New Jersey
  • Property supports residential investment strategies within a stable coastal market
  • Central regional location provides access to local employment and amenities

What's Special

This multifamily property at 204 N Wildwood Road in Cape May Court House, New Jersey, is available for sale and presents a practical acquisition for residential investors seeking a manageable asset. The building contains two units, offering potential for steady rental income or a flexible owner-occupant arrangement within the Cape May County seat. Cape May Court House serves as a central hub for the region, providing proximity to essential services, medical facilities, and the various coastal attractions that define this southern New Jersey market. Investors often look to this submarket for its consistent demand driven by local employment centers and its accessibility to major regional transit routes. The apartment building configuration allows for straightforward management while providing reliable housing options for the local community. Prospective buyers will find this a viable addition to a portfolio focused on stable, small-scale multifamily holdings in a well-established town.

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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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