1083 Seashore Road

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1083 Seashore Road

Lower Township, 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 multifamily apartment building located in Lower Township New Jersey
  • Strategically positioned at 1083 Seashore Road in Cape May County
  • Asset supports consistent residential rental income in a coastal market
  • Property design facilitates efficient management for small-scale real estate investors
  • Located within an established region supported by regional tourism and services

What's Special

Investors seeking a stabilized multifamily addition in Lower Township will find this four-unit apartment building a practical entry point into the Cape May County market. The property provides a consistent residential configuration suitable for long-term rental income strategies within a coastal residential submarket. Positioned at 1083 Seashore Road, the asset benefits from its placement in a region that supports both seasonal and year-round housing demands near the southern New Jersey shoreline. Local economic drivers in this area typically revolve around hospitality, tourism, and regional services, sustaining a steady demand for workforce and market-rate housing options. This apartment building provides a straightforward management profile for those looking to expand their regional portfolio through a manageable multi-family acquisition. The existing unit count offers a scale that is efficient for individual investors or those operating small-scale residential rental holdings in this established community.

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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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