108 Trenton Avenue

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108 Trenton Avenue

Cape May, NJ 08204
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 108 Trenton Avenue
  • Two-unit residential property situated in Cape May
  • Asset type suitable for long-term real estate investors
  • Property located in a prominent New Jersey coastal market
  • Available for purchase in the Cape May submarket

What's Special

This multifamily apartment building at 108 Trenton Avenue in Cape May, New Jersey, is currently available for sale. Investors looking to acquire a manageable residential asset will find this two-unit property positioned within a well-established coastal market known for its historic charm and strong seasonal rental demand. The building provides a functional footprint suitable for long-term hold strategies or residential conversion projects. Cape May remains a significant regional hub within the southern New Jersey peninsula, drawing consistent interest due to its enduring tourism economy and coastal lifestyle appeal. The property benefits from its access to local thoroughfares and proximity to the Atlantic shoreline, making it a logical addition to a diversified real estate portfolio. Prospective buyers can explore various management configurations to maximize occupancy and stabilize returns in this specific submarket.

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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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