819 Stockton Avenue

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819 Stockton 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).

  • Four-unit multi-family apartment building for sale in Cape May
  • Asset located at 819 Stockton Avenue in New Jersey
  • Suitable investment for residential or seasonal rental strategies
  • Property situated in a key coastal regional tourism market
  • Multi-unit configuration offers scalability for diversified portfolio growth

What's Special

Investors seeking a multi-family asset in a primary coastal destination will find value in this four-unit apartment building at 819 Stockton Avenue in Cape May, New Jersey. This property provides a stabilized residential investment opportunity within a region known for its year-round tourism, historic architecture, and robust seasonal rental market. The asset is well-positioned for owners interested in long-term lease structures or vacation-oriented operations. Cape May serves as a cornerstone of the regional economy, supported by consistent demand for housing and proximity to major shore points. With four distinct units, the building offers a scalable footprint suitable for entry-level or portfolio-expansion strategies. Local connectivity remains a priority for residents and visitors alike, ensuring that properties of this size maintain functional utility in a supply-constrained environment. Professional management of this asset allows for potential revenue optimization while capitalizing on the enduring appeal of the Cape May residential 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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