707 A W Rio Grande Avenue

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707 A W Rio Grande Avenue

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 located in Lower Township New Jersey
  • Two-unit residential property situated on Rio Grande Avenue
  • Asset positioned within a established coastal Cape May County community
  • Suitable for long-term rental income or residential investment strategies
  • Functional property layout allows for streamlined management operations

What's Special

Lower Township serves as a coastal community within Cape May County, providing a steady residential environment in a region known for its proximity to vacation destinations and year-round local amenities. This multifamily property sits on Rio Grande Avenue and presents an investment option for those looking to manage residential assets in a established southern New Jersey market. The structure consists of two distinct units, functioning as an apartment building suitable for long-term rental income or potential owner-occupancy strategies. Prospective buyers may consider the asset for its potential to provide stable cash flow in a residential submarket that benefits from seasonal tourism and local employment drivers. The property layout and unit count allow for streamlined management and operational flexibility. Investors targeting the southern New Jersey coastal region will find this multifamily asset to be a straightforward addition to an existing portfolio or a functional starting point for residential real estate holdings.

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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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