606 W Ocean Heights Avenue

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606 W Ocean Heights Avenue

Linwood, NJ 08221
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 606 W Ocean Heights Avenue
  • Asset features two individual rental units for investment purposes
  • Positioned within the established suburban market of Linwood New Jersey
  • Strategic location offers access to regional Atlantic County employment hubs
  • Suitable for investors managing small-scale residential property portfolios

What's Special

Investors seeking a stabilized multifamily asset will find this two-unit apartment building at 606 W Ocean Heights Avenue a practical addition to an Atlantic County portfolio. Situated in the city of Linwood, New Jersey, the property benefits from a quiet suburban atmosphere that remains accessible to the broader coastal regional economy. The residential units provide consistent utility for long-term rental income within a stable residential corridor. Linwood maintains a well-regarded reputation within the metro area, supporting steady demand for rental housing among professionals and families attracted to the local school system and regional accessibility. This asset functions as a straightforward investment opportunity for those focused on small-scale residential holdings in a proven market. The layout and scale of the building allow for efficient management and maintenance while capitalizing on the area's consistent occupancy trends. Prospective owners can leverage the property to build equity within a suburban setting known for its demographic stability and high residential appeal.

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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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