110 E 11th Avenue

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110 E 11th Avenue

North Wildwood, 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 at 110 E 11th Avenue
  • Residential property situated within North Wildwood, New Jersey
  • Current configuration consists of two individual rental units
  • Well positioned in a prominent Cape May County shore town
  • Asset provides potential for long-term residential leasing strategies

What's Special

Investors seeking a residential foothold in North Wildwood will find this multifamily apartment building a practical addition to their portfolio. Located at 110 E 11th Avenue, this property provides a stable asset class in a coastal New Jersey community known for its seasonal tourism and steady local rental demand. The structure currently comprises 2 units, offering flexible configuration options for landlords looking to optimize long-term rental income or potential owner-occupant arrangements. North Wildwood remains a consistent destination within Cape May County, benefiting from regional population activity and an enduring reputation as a premier shore town. This multifamily dwelling presents an straightforward opportunity for those focused on small-scale residential investment in a established beach-adjacent market. Its scale makes it an approachable entry point for private buyers or those expanding an existing local footprint.

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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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