702 Boardwalk 5

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702 Boardwalk 5

Lower Township, NJ 08260
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 available for purchase in Lower Township
  • Asset structure comprises two distinct residential rental units
  • Located in the southern coastal region of New Jersey
  • Site offers potential for steady residential income streams
  • Suitable for focused multifamily investment or portfolio expansion

What's Special

This multifamily property located at 702 Boardwalk 5 in Lower Township, New Jersey, is currently offered for sale to investors seeking a residential income-producing asset. The site consists of two apartment units, providing a manageable scale for a focused portfolio acquisition. Situated in the coastal region of Cape May County, Lower Township benefits from proximity to regional transit routes and local commercial centers that serve the permanent population and seasonal tourism base. The area supports a stable rental environment, making this an appropriate selection for buyers interested in long-term residential holdings or smaller-scale investment strategies in a coastal market. With its defined unit count, the building offers clear operational parameters for a landlord. Prospective buyers may consider this asset for its potential to generate steady cash flow within a developed suburban and seasonal corridor of the South Jersey region.

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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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