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North Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and maintaining a steady year-round population. This multifamily property at 116 E 12th Avenue consists of three individual apartment units. The asset provides a versatile configuration suitable for long-term residential leasing or conversion into seasonal vacation rentals given its proximity to the shore. Investors in this submarket benefit from the regional appeal of the Wildwoods and the consistent demand for rental housing near the Atlantic coastline. The structure sits within a well-established neighborhood, ensuring convenient access to local infrastructure and area amenities. Managing a three-unit building in this location allows for manageable operational oversight while securing a footprint in a highly sought-after seaside community. The building design supports functional living spaces, making it a viable acquisition for those looking to expand a residential portfolio in a recognizable beach town environment.
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