756 Dias Creek Road

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756 Dias Creek 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 located in Cape May Court House
  • Asset features a total of two residential rental units
  • Investment property currently available for purchase in New Jersey
  • Situated within a stable market in Cape May County
  • Asset type suitable for long-term residential rental income generation

What's Special

For sale in Cape May Court House, this multifamily apartment building presents a straightforward acquisition for investors seeking residential rental assets. The property contains two units, providing a manageable scale for portfolio growth or entry-level ownership in a stable coastal region. Cape May County serves as a significant residential and tourist hub, benefiting from consistent demand for housing driven by local labor markets and seasonal population shifts. Its proximity to major regional thoroughfares ensures accessibility for residents commuting throughout the southern New Jersey peninsula. Potential use cases for this asset include long-term rental housing or flexible accommodation options for the area’s workforce. The site is positioned to benefit from the steady economic activity characteristic of this Cape May submarket, where demand for apartment housing remains a fundamental component of the local real estate landscape. Ownership of this duplex allows for streamlined management and direct exposure to the regional rental market.

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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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