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This multifamily apartment building contains five residential units and is positioned at 717 Washington Street in Cape May, New Jersey. The property provides a stable investment vehicle within a popular coastal destination known for its historic charm and active tourism economy. Investors frequently seek assets of this scale in the 08204 ZIP code to capture consistent rental demand driven by both long-term residents and seasonal workers associated with the local hospitality industry. Given the layout and unit count, the building is well-suited for a portfolio addition or a focused value-add strategy intended to maximize yield in a supply-constrained market. Its location within the heart of Cape May ensures proximity to essential community services and the established transit corridors serving the southern New Jersey shoreline. The property represents a manageable asset class for those looking to establish or expand their presence in a high-barrier-to-entry residential market.
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